• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
juneteenth

Juneteenth: America’s Second Independence Day

By
Renae Reints
Renae Reints
Down Arrow Button Icon
By
Renae Reints
Renae Reints
Down Arrow Button Icon
June 19, 2018, 12:28 PM ET
Businesswomen looking at blueprint in office building
Businesswomen looking at blueprint in office buildingHero Images/Getty Images

Today is Juneteenth, America’s second (and some say more factual) independence day. On June 19th, 1865, Major General Gordon Granger arrived in Galveston, Texas and announced the end of the Civil War. This news meant 250,000 enslaved Texans were now free—more than two years after President Abraham Lincoln signed the Emancipation Proclamation.

Now, 153 years later, June 19th is celebrated as the official end of slavery and the true Independence Day for African Americans. It’s a day commemorating the contributions African Americans have made to society, celebrating their freedom, education, and spirit. Forty-five states and the District of Columbia have legislation officially recognizing Juneteenth as a state holiday, and while President Trump has made no comment on his personal Twitter, the White House released a statement acknowledging the day.

“Today we commemorate the anniversary of that delayed but welcome news,” read the statement. “Decades of collective action would follow as equality and justice for African-Americans advanced slowly, frustratingly, gradually, on our nation’s journey toward a more perfect union.”

In 1865, Gen. Granger read off General Order Number 3, which announced the freedom of slaves, including the “absolute equality of rights and rights of property between former masters and slaves.” It was a monumental moment, but as time went on, systematic racism continued. Public segregation ended less than 60 years ago, and today we live with the remnants of that society. As psychologist Dolly Chugh wrote, “We put in the training program and fight the class action suit, but our underlying illness remains.”

Beyond the police brutality and mass incarceration, there’s the everyday judgments that African Americans face. According to a study by NPR, “black Americans take the existence of discrimination as a fact of life.” It’s apparent everywhere: when they apply to jobs, rent a home, or merely walk the street. The business world is no exception.

According to the U.S. census, the number of African American-owned businesses grew 34% between 2007 and 2012, but these account for less than 10% of all firms—a low percentage considering African Americans account for 13.1% of the adult population.

According to United States Black Chambers Inc., African American-owned businesses face challenges such as access to location and capital. Even when entrepreneurs acquire loans, they have high interest rates or never receive enough.

Today is National Observance Day for Juneteenth and although we have come so far, we still have a long way to go. ✊🏾 pic.twitter.com/L9Xc03RjcU

— NAACP (@NAACP) June 19, 2018

Kelisha Garrett, the executive director of the New Orleans Regional Black Chambers of Commerce, says the biggest challenge to Black businesses is access to information. “Most small minority businesses are unaware of many opportunities,” she said.

But there’s reason for hope as well. The U.S. census reported that women were the largest contributors to the growth of African American businesses in their 2012 report, and there are initiatives to continue this growth. Black Wealth 2020 is a USBC push to close the wealth gap between White and Black families by the year 2020 through increasing and supporting the number of African American-owned businesses, homes, and banks.

On this Juneteenth, individuals and politicians alike are remembering our past, and working for a more equitable future. As the NAACP wrote, “although we have come so far, we still have a long way to go.”

About the Author
By Renae Reints
See full bioRight Arrow Button Icon

Latest in

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in

In the age of vibe coding, trust is the real bottleneck
AIEye on AI
In the age of vibe coding, trust is the real bottleneck
By Sharon GoldmanApril 2, 2026
12 minutes ago
Asian man talking on the phone with his laptop in his lap
SuccessWealth
Gen Z millionaires are rushing into crypto—and they blame the risky bet on FOMO. Fear of missing out
By Preston ForeApril 2, 2026
26 minutes ago
Top CD rates from major banks April 2, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal FinanceCertificates of Deposit (CDs)
Top CD rates from major banks on April 2, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerApril 2, 2026
32 minutes ago
A photo illustration of two laptops with eyeballs over a red background with alert signs.
CryptoNorth Korea
I knew about North Korean hackers—they still tricked me and got into my computer
By Ben WeissApril 2, 2026
32 minutes ago
cooper
EnergyIran
UK accuses Iran of Hormuz ‘hijack,’ holding global economy hostage
By Jill Lawless, Nick Lichtenberg and The Associated PressApril 2, 2026
41 minutes ago
musk
EconomyIPOs
Elon Musk, world’s first trillionaire: one implication of the massive SpaceX IPO
By Bernard Condon, Ken Sweet and The Associated PressApril 2, 2026
45 minutes ago

Most Popular

Gen Z fled San Francisco for Texas and Florida. Now they’re turning ‘welcomer cities’ into the next big tech towns
Real Estate
Gen Z fled San Francisco for Texas and Florida. Now they’re turning ‘welcomer cities’ into the next big tech towns
By Fortune EditorsApril 2, 2026
9 hours ago
Current price of gold as of April 1, 2026
Personal Finance
Current price of gold as of April 1, 2026
By Fortune EditorsApril 1, 2026
1 day ago
Two-thirds of parents say their adult Gen Z kids still rely on them financially  for support—even though it's putting them under strain
Success
Two-thirds of parents say their adult Gen Z kids still rely on them financially  for support—even though it's putting them under strain
By Fortune EditorsMarch 31, 2026
2 days ago
Current price of oil as of April 1, 2026
Personal Finance
Current price of oil as of April 1, 2026
By Fortune EditorsApril 1, 2026
1 day ago
Jerome Powell says the $39 trillion national debt is ‘not unsustainable,’ but warns the trajectory ‘will not end well’
Economy
Jerome Powell says the $39 trillion national debt is ‘not unsustainable,’ but warns the trajectory ‘will not end well’
By Fortune EditorsMarch 30, 2026
3 days ago
2 years after Musk challenged Zuckerberg to a cage match, they were texting about DOGE and a joint OpenAI bid, court records reveal
Law
2 years after Musk challenged Zuckerberg to a cage match, they were texting about DOGE and a joint OpenAI bid, court records reveal
By Fortune EditorsMarch 31, 2026
2 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.