According to Black Demographics Stats;
Black owned companies created 1 million jobs, enough to use 4% of the working age Black Population. Proving there's a relationship between strengthening Black Owned Firms, and diminishing black unemployment.
According to Google;
"Currently, a dollar circulates in Asian communities for a month, in Jewish communities roughly 20 days and white communities 17 days. How long does a dollar circulate in the Black community? 6 hours!
In 2018 US Census Bureau estimated support black businesses 47,841,851 African Americans in the United States which is 14.6percent of the total American population of 327.2 Million. This includes those who identify as'Black Only' and as'Black in combination'.
Love and support black owned companies
Black American Unemployment
Up from March (6.7percent ). U.S. unemployment rate: 14.7%black unemployment remains nearly double white employment nationwide.
Jobs that black workers and white workers get do not pay the same:
Black employees earn less money and build less prosperity than white workers
Roughly 20 percent of black and Hispanic individuals live in poverty compared to less than 9 percent of white individuals.
The Statistics show Black Owned Businesses are more likely to provide Jobs for black individuals. 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 new black Wall Streets, around America.
The only solution to the problem of large black unemployment, and poverty is to allocate national resources for Black Owned Businesses, not Minority which includes everything including disability, white women, gay and little men and women.
Finally reparations will help heal the wounds of black people, and bridge the wealth gap.