side hustles

Black Business Registrations Increase During COVID Pandemic

Lauren Victoria Burke NNPA Newswire CorrespondentJune 17, 2021

Andre Perry, a Brookings Institution fellow, told the Times that some of the surge in Black business registrations could be a signal of personal economic trouble. “This is more about survival than it is about wealth creation. There’s lots of people who have lost their jobs and lost their businesses. People are starting to realize that side hustles are businesses,” Perry said.

Business Education Employment Local National

Report: Companies Owned by Women of Color Account for 89 Percent of All New Women-Owned Businesses

Stacy M. Brown NNPA Newswire Senior CorrespondentMarch 12, 2020

The annual report, based on U.S. Census Bureau data adjusted by Gross Domestic Product data, found that women-owned businesses continue to trend above all others. Over the past five years, the number of women-owned businesses increased by 21 percent, while all enterprises increased by only 9 percent.