Perhaps, the question should be “Where can I start my own business” especially if you’re African American. A report by the Economic Policy Institute states that:
“On all major economic indicators—income, wages, employment, and poverty—African Americans were worse off in 2007 than they were in 2000. Although the American economy has grown significantly since 2000, African Americans have not shared in America’s prosperity. The current economic downturn and the subprime mortgage crisis bode ill for the immediate future for African Americans”. [Click here to read the full report]
With each US Labor Departments unemployment report, African Americans, who even in the best of times, suffers from unemployment which is double the national rate, and continues to slip further into an economic abyss as the economy worsens. Our inability to face the reality of our economic dilemma, according to the Children’s Defense Fund, is sure to condemn our next generation of children(…)
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