For example, recent research documented that the number of working Black and Latinx small business owners declined in the early months of the crisis by even more than White small business owners.
Now, the US economy has been enjoying its longest ever period of economic expansion. The unemployment rate has come down dramatically from 7.5% in 1992 to 4.1% recently. On the other hand, Japan’s economy has experienced severe trials since the bursting of the bubble. Such contrasting development between the United States and Japan is most typically witnessed in the movement of stock prices.