Mar 14 2023
Women's Entrepreneurship Is Growing Rapidly
The number of female entrepreneurs in the U.S. is rapidly increasing, making up nearly half of all new business owners in 2021.
Mar 10 2023
Economic Update - March 10, 2023
Mar 03 2023
Economic Update - March 3, 2023
Despite continued barriers, Black Americans have seen significant progress on key economic indicators in recent decades. While work remains to close racial gaps, recent data on the economic status of Black Americans in 2023 show:
Federal investments and a strong labor market recovery have improved the economic security of Black Americans, but challenges remain.
Federal investments in response to the pandemic recession have led to near-record low unemployment among Black workers, helped narrow racial disparities across the U.S. economy, and strengthened the economic standing of Black Americans. Strong job growth and historic low unemployment has led to significant gains for Black workers, including higher labor force participation and wage growth. The expansion of the Child Tax Credit in the American Rescue Plan also helped lead to a record drop in poverty for Black Americans and children in 2021. Federal economic relief programs in 2021 also supported the sharpest increase in Black homeownership since the Great Recession.