In an ad timed for Black History Month, President Joe Biden touted gains Black Americans made during his tenure. The Feb
U.S. Census Bureau and the Federal Reserve Board datasets found record levels of Black business ownership in 2021 and 2022, the most recent year available.said,:"The lowest Black unemployment rate in history. Black child poverty cut in half. Record numbers of new Black entrepreneurs. And over $130 billion in student debt forgiven.
The growth from 2020 to 2021 represented the largest percentage increase — 14.3% — of any year since 2017.The 2022 survey found that 11% of Black households held equity in a business, far higher than the previous record of 6.6% in 2016. "Even if Black business ownership continued to grow at the rate it did in 2021 — the largest percentage increase since 2017 — Black-owned businesses would still not reach parity with their population share for another 80 years," Brookings wrote.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The Importance of Black Cardiologists for Black PatientsBlack patients are more likely to receive preventative care when they see Black doctors, according to the National Institutes of Health.
Read more »
Biden-Harris campaign appoints Director of Black Media for enhanced outreach to Black votersThe New Black View
Read more »
Black Women Say Products for Black Hair Are Dangerously Toxic—Why Are We Still Not Listening?Black women buy $7.5 billion worth of beauty products every year, and spend 9x more on ethnic hair products than any other demographic. The measures in place to protect them aren’t enough.
Read more »
Cambridge Black History Project shares the histories of 23 Black trailblazersThe organization partnered with the Cambridge Public Library, the city and school system to distribute bookmarks with the histories of influential Black Cantabrigians, including accomplished saxophonist Johnny Hodges and Saundra Graham, the first Cambridge woman of color to be elected to city council.
Read more »
Black women may prefer Black OBs due to fear of discrimination, dying during pregnancyClaretta Bellamy is a fellow for NBC News.
Read more »
Readout of HHS Secretary Becerra’s Roundtable with National Black Leaders Commemorating Black History MonthSecretary Becerra reiterated HHS's commitment to continued partnerships to improve health outcomes in the Black community.
Read more »