Comment Re:America is a 25% functional unemployment (Score 1) 157
Companies aren't actually required by the law or regulation to hire "certain percentages" of people based on the ethnicity of the area where the company is located.
The reason companies collect ethnicity data, is so they can defend themselves legally if a person who is a member of a minority ethnic group, sues because they didn't get hired, or because they got disciplined, or because they got fired. With this data, companies can try to defend themselves by proving that they treat all minorities equally.
It's certainly true that government contracts often come with minority stipulations. But there are no such requirements in the private sector.