The ABC Data Exchange

and Jobs

Employment and business ownership are key drivers to building and maintaining assets.

Employment and owning a profitable business with strong revenue are key ways to create an income that promotes the creation and maintenance of assets.

The measures on this page highlight the average value of businesses based on annual receipts and the level of unemployment in the adult population, two key areas in business and jobs that impact asset building.

Major Findings

The unemployment rate decreased significantly from its peak in 2012 in Forsyth County.
Major disparities were present in the value of businesses by race/ethnicity of the business owner and the gender of the business owner.


Unemployment, according to the OECD (Organisation for Economic Co-operation and Development), is persons above a specified age (usually 15) not being in paid employment or self-employment but currently available for work during the reference period.

Unemployment is measured by the unemployment rate, which is the number of people who are unemployed as a percentage of the labor force (the total number of people employed added to those unemployed).

Unemployment can have many sources, such as the following:

  • new technologies and inventions
  • the status of the economy, which can be influenced by a recession
  • competition caused by globalization and international trade
  • policies of the government
  • regulation and market

View data notes for this measure.

Data Visualization

Unemployment (Forsyth County, 2021)

Use the dropdown menu below to view data on different groups.

Key Takeaways

Overall, unemployment decreased from a peak in 2012.

Unemployment peaked in 2012 in Forsyth County at around 13% and decreased to about 6% in 2022.

There were disparities in unemployment rates by race/ethnicity.

About 12% of Black residents experienced unemployment in 2022, compared to about 3% of White and Hispanic/Latino residents.

Unemployment rates were not significantly different by sex in 2022.

Business Value

Business ownership is a fundamental engine for wealth creation and the value of businesses, measured in annual revenue, can demonstrate the extent of the profitability of the business and the potential for wealth creation [1]. 

The measure included here is the average annual payroll per firm, and the business ownership rate is defined as the number of businesses in which White workers or workers of color own 50% or more of the equity, interest, or stock of the business.

Data Visualization

Business Value (North Carolina, 2021)

Use the dropdown menu below to view data on different groups.

Key Takeaways

There were major disparities in business value by race/ethnicity in 2021 in North Carolina.

Businesses with White owners had a business value more than twice the amount of businesses with owners of color.

There were major disparities in business value by gender as well.

Males had an average business value of approximately $568,000, significantly higher than females’ average business value of about $295,700.