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Podcast: Christopher Lochhead Follow Your Differentâ„¢
Episode: Black Entrepreneurs Matter / Women Entrepreneurs Matter w/ UCSC Prof. Robert Fairlie
Description: Why is there a disproportionate impact against Black-owned and Women-owned Businesses?
Today in Follow your Different, Robert Fairlie, a professor at the University of California and a researcher for the National Bureau of Economic Research, shares his research on the impact of Coronavirus on small businesses and black and women-owned businesses.
Impact of COVID-19
Rob shares the alarming figures that small businesses faced. From 15 million active businesses to 12 million, to the 15% unemployment rate in just one month (Bureau of Labor Statistics), Rob gives us facts and figures how devasting Covid-19 has impacted businesses.