Minority enterprises in the United States suffered unequal treatment during the epidemic

Original title: minority enterprises in the United States suffered unequal treatment during the epidemic
According to the U.S. "Capitol Hill" reported on September 11 local time, a survey found that during the epidemic, how many minority small business owners in the United States were treated unfairly. More than a quarter (27%) of small businesses of ethnic minorities in the United States remain closed due to the lack of equitable federal assistance.
Meanwhile, in August, the unemployment rate of African Americans rose to 8.8%, almost twice that of white Americans (4.5%). These results are rooted in the long-term differential treatment of ethnic minorities.
According to statistics, white owned start-ups are seven times more likely to get loans in their founding year than African Americans. During the epidemic period, although enterprises owned by people of color were hit harder, they still did not receive fair federal assistance through the salary protection plan (PPP), and only 12% of African American and Latino business owners received assistance funds. At the same time, many ethnic minority enterprises are unable to obtain financing from the loan scheme of the small business authority.
In August, small business owners' confidence in the US economy fell to its lowest level since March. Without the support of the U.S. federal government, many U.S. enterprises will be forced to lay off or completely shut down. (CCTV reporter Xu Ying and Xu Xiao)