Our daily blend of the latest news, trends and tips for the small business community.
What’s going ‘on’:
Credit score gap widening between whites and blacks: Black Americans have disproportionately fallen victim to foreclosures stemming from subprime mortgages in recent years, and as a result, many fear that the persistent gap in the credit scores of whites and blacks is growing larger, further hurting the latter’s ability to secure loans.
Unemployment rate holds steady:The national unemployment rate remained at 8.2 percent last month, according to the latest data released by the Labor Department; and while small businesses have traditionally been considered a consistent job engine, data suggests their slowed hiring efforts are starting to contribute to the persistently high rates.
Keep an eye ‘on’:
Small business votes still up for grabs: One in seven small business owners have yet to decide who they’ll vote for in the upcoming presidential election, according to a new poll by MerchantCircle.com. The most pressing concerns for those business owners is currently the economy and job creation.
Internet outings coming Monday: The Federal Bureau of Investigation will on Monday take down a number of servers it set up to help those infected with a computer virus, leaving hundreds of thousands of people without access to the web.
Helpful advice ‘on’:
We recommend you visit the following site for more complete information and related topics. Article source: http://www.washingtonpost.com/blogs/on-small-business/post/get-started-black-americans-credit-scores-bludgeoned-small-business-votes-still-up-for-grabs/2012/07/09/gJQAlm4TXW_blog.html