The Washington Post reports that the number of working Latino business owners dropped 32 percent from February to April, while the number of Asian business owners decreased by about a quarter.
Immigrant business owners were also deeply affected, with their numbers shrinking by 36 percent, according to the data from monthly nationally representative surveys by the Census Bureau and the Bureau of Labor Statistics.
One reason for the uneven toll, according to Fairlie’s analysis: Minority-owned businesses tend to occupy parts of the economy most shaken by the coronavirus and the shutdown orders states have embraced to combat it. High shares of African American-owned ventures, for example, are in industries such as beauty salons, taxi services and day-care centers that have had to close or have faced precipitous drops in demand.

Noticias de LETI
☰
Minority business income, ownership crashing in wake of Covid-19
Categories
Recent Posts
- Carreras Técnicas para Adolescentes Gratis | Technical Careers for Teens for Fre
- ¡Les Deseamos un Feliz Año Nuevo! Lleno de salud y prosperidad.
- Clinica de Vacunacion de Invierno mañana el 16 de Diciembre!
- Directora Ejecutiva de LETI comenta sobre nueva Maestria de UWB
- Clinica de Vacunacion del Influenza este Domingo, Noviembre 20!
- Comidas a Precios Modicos para La Salud Renal - Bienestar Otoño 2022
- Clinica de Vacunacion este Sabado 11/12!
- Invitación a Matinee Educativa para Los Hijos
- TRIPLE C: Cooperativa para Madres Latinas
- Agricultores de Washington se congregan en Tri-Cities
- Derechos del Immigrante - Bienestar Otoño 2022
- ¡Celebremos el Mes de la Herencia Hispana con Dr. Rodrigo Rentería-Valencia!
- Clínica de Vacunación el Primero de Octubre
- La Batalla Contra el Cancer y Nuestra Comunidad Latina - Bienestar Otoño 2022
- Feria de Empleo en Lynnwood el 12 de Octubre!