Black women are the fastest-growing group of entreprenuers in the US. Black-women-owned businesses have increased by 13% between 2024 and 2024 compared to the 4.4% rate for women-owned businesses overall, according to Forbes. Black women turning to entrepreneurship Black women have been pushed out of the workforce as their unemployment rate has reached 7.3% in 2026, according to the Bureau of Labor Statistics. Last year, Black women’s unemployment rate increased from 5.1% in March to 6.1% in April, reached an all-time high of 6.2% in May, then dropped to 5.8% in June,