Higher percentage of Latino startups

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Posted on: September 28th, 2005
Filed Under: [ Business ] [ Hispanic News ]
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Latinos and immigrants start companies at higher rates than white non-Latinos, while blacks increasingly are jumping into business ownership, a new study finds.

Among other findings of the Kauffman Index of Entrepreneurial Activity: 550,000 businesses launch each month nationally ”” an average of 0.36 percent of the adult population. That rate has remained roughly unchanged over the study period, 1996 to 2004.

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