Black Women’s Equal Pay Day – Economic Access
August 12, 2020
Originally posted by Ujima
“Recently, accessing economic profit has been difficult for the Black community, especially Black owned businesses. In a NPR podcast addressing the economic impact of the COVID-19 pandemic on Black Americans, it was found that “overall, about 38% of small business owners who applied for government aid reported receiving it, only 12% of Black and Latino owned businesses reported getting the aid they asked for.”
While the COVID-19 Pandemic has largely affected Black communities and subsequently Black businesses, the conversation has also taken a slight shift in recent weeks following the national outcry against systemic racism and violence against Black Communities. Some Black female entrepreneurs have conflicting thoughts on the matter though. Christina Blacken — founder and creator of The New Quo — reflected on this shift, emphasising that while positive, “‘Supporting us means seeing us as equals and experts and not assuming our skills, services, and creations are less than, which has been the common narrative when discussing supporting Black ideas, creativity, and business.””