According to Forbes, between spring and August 2025, about 300,000 Black women exited or were pushed out of the U.S. workforce.
📉 Reports show this sharp drop is linked to federal workforce cuts, dismantling of DEI programs, and economic pressures disproportionately impacting Black women.
This phenomenon not only hurts Black women but also creates ripple effects across the entire U.S. economy, including a loss in GDP. A less-discussed issue is how these shifts widen the network gap Black women already face.
Still, many are turning barriers into opportunity—leading the surge in new businesses despite systemic hurdles.
According to J.P. Morgan, women started 49% of all new businesses in 2024, up from 29% in 2019. Within this wave, 54% of new Black- and AAPI-owned businesses were launched by women.
Wells Fargo reports that Black women-owned businesses grew 7.1% year-over-year between 2023 and 2024—the highest growth across all racial and ethnic groups.
👉🏽 Do you think these numbers will continue to rise in the coming years?
