[Black Business\COVID-19]
Wate: “A study by the University of California Santa Cruz, found in April, 40 percent of black-owned businesses had to close, compared to 17 percent of white-owned businesses.”
Photo: Twitter
As businesses across the country try to exist under the coronavirus pandemic, some are feeling the effects more than others, including minority-owned businesses.
As June, 2020 came in on the heels of the Blacks Lives Matter protests, many took to social media and their local communities to push the issue of the importance of supporting Black-owned businesses. Kelisha Garrett is the Executive Director for the New Orleans Black Chamber of Commerce and says, “We need to be on equal playing field. Even though regulation has stated things are equal, we have had years of disadvantages. Just as Black lives matter, Black business survival matters.”
A study by the University of California Santa Cruz, found in April, 40 percent of black-owned businesses had to close, compared to 17 percent of white-owned businesses.
For the rest of this Wate story log on to: https://www.wate.com/news/black-business-matters/