According to Black Demographics Stats;
Black owned companies created 1 million jobs, enough to employ 4% of the working age Black Population. Proving there is a relationship between strengthening Black Owned Firms, and diminishing black unemployment.
Based on Google; How long can a dollar circulate in the Black community? 6 hours!
In 2018 US Census Bureau estimated 47,841,851 support black businesses African Americans in the United States which is 14.6percent of the total American population of 327.2 Million. Including those who identify as'Black Only' and as'Black in combination with another race'.
Enjoy and support black owned businesses
Black American Unemployment
Up from March (6.7%). U.S. unemployment rate: 14.7%black unemployment is still nearly double white employment nationally.
Jobs that black workers and white workers get Don't pay the same:
Black workers earn less money and build less wealth than white employees
Roughly 20 percent of black and Hispanic people live in poverty compared to less than 9 percent of white people.
The Statistics show Black Owned Businesses are more likely to provide Jobs for black people. In addition black people must be trained to patronize businesses which are owned by black individuals.
If we can change our buying habits, change how quickly money exits the black community from 6 hours, to maybe a week,'' We can revive fresh black Wall Streets, around America.
The only solution to the problem of large black unemployment, and poverty would be to allocate national funds for Black Owned Businesses, not Minority which includes everything including handicap, white women, gay and little men and women.
Finally reparations will help heal the wounds of black people, and bridge the wealth gap.