Self-employment among African Americans grew strongly between 1997 and 2003 while stagnating amongst whites, according to a Small Business Administration Office of Advocacy report. Although a higher percentage of whites are their own boss, disparities in the rates of self-employment decreased.
The most interesting finding about in Americans in the study, Self-Employed Business-Ownership Rates in the United States: 1979-2003, comes from ring recent trends with the trends from 1910 to 1990, says report author Robert W. Fairlie, associate professor of economics at the University of California, Santa Cruz. Despite occasional fluctuations a one-to-three ratio of black to …
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