Black owned employer businesses in the United States increased 13.6% between 2012 and 2017 totaling 124,000 Black firms. These businesses employed 1,208,270  people, an increase of 23.9 percent from 2012; their payrolls totaled $26.1 billion, an increase of 30.3 percent (not adjusted for inflation). Almost 1 in 3 (32%) ofContinue Reading

Black Unemployment grew after the Great Recession when millions of jobs were wiped out due to the housing crisis of 2008. Post-recession Black unemployment peaked in March 2010 at 16.8%. From there Black unemployment began a 53% decline which continued during the rest of the Obama administration to 7.9%. ThisContinue Reading