Self-Employment Up for Women and Ethnic Groups

A study released by the SBA's Office of Advocacy reveals significant increase in the number of self-employed women, blacks and Latinos.

December 6, 2004 --Between 1979 and 2003 the number of self-employed women, blacks and Latinos has risen sharply, according to a report released on Dec. 2 by the Office of Advocacy of the U.S. Small Business Administration. Overall, a 5% increase in self-employment rates occurred across ethnic groups and gender.

"The increase in self-employment rates for women, blacks, and Latinos show that small business ownership can move minorities and women further into our economic mainstream," said Thomas M. Sullivan, Chief Counsel for Advocacy in a statement. The study revealed that the rate of self-employment increased 33% for women, 37% for blacks, and 15% for Latinos. The male rate...

For more, click on the link provided...