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Share it If there s no change in current promotion, attrition and external hiring rates, it may take about 95 years for Black private sector employees in the U.S. to reach parity in management positions 12% representation overall, according to McKinsey & Company. The inaugural report Race in the Workplace: The Black Experience released Feb. 22, surveyed 24 large companies and explored geographic and systemic barriers to provide insight on why Black workers are largely concentrated in frontline and entry-level jobs. This is the first comprehensive analysis of the experience of Black professionals in corporate America, according to McKinsey. We examined the entire U.S. private sector employment, which consists of about 225 million people who work in the private sector, of whom about 15 million are Black workers, James Manyika, chairman and director of McKinsey Global Institute and senior partner at McKinsey & Company, said during a virtual press conference Feb. 22. ....