Press
Despite historic disruptions in health, trade, employment, and credit markets, the number of Latino self-employed entrepreneurs rose significantly during the pandemic—from about 533,000 in 2018 to 658,000 in 2022—boosting the Latino share of all self-employed from 16% to 19% over this period. Yet, this growth occurred in the face of sustained earnings decline, greater financial needs, and limited access to capital.