• 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
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
Fortune Secondary Logo
  • 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

Big TechAmerican Politics
Your spend as a ‘weapon’: Scott Galloway’s ‘Resist and Unsubscribe’ movement asks you to ditch Amazon, Apple, and Netflix to oppose Trump
By Kristin StollerFebruary 28, 2026
2 hours ago
Gamers celebrating
SuccessCareers
Meet the Gen Z college students who turned Excel into a competitive esport—they’re competing in spreadsheet challenges and it’s helping them land jobs
By Preston ForeFebruary 28, 2026
3 hours ago
world's fair
CommentaryRobots
Something big is happening in AI, but panic is the wrong reaction
By Peter CappelliFebruary 28, 2026
3 hours ago
A man wearing a red hat shakes Trump's hand in a crows
Personal FinanceRetirement
Trump’s universal 401(k) architect on why lower-income people distrust retirement accounts: ‘they want to know what the catch is’
By Jacqueline MunisFebruary 28, 2026
3 hours ago
AIMarkets
The week the AI scare turned real and America realized maybe it isn’t ready for what’s coming
By Nick LichtenbergFebruary 28, 2026
4 hours ago
AIFinance
She joined Block to build AI. Weeks later, AI cost her job.
By Sheryl EstradaFebruary 28, 2026
4 hours ago

Most Popular

placeholder alt text
Success
Japanese companies are paying older workers to sit by a window and do nothing—while Western CEOs demand super-AI productivity just to keep your job
By Orianna Rosa RoyleFebruary 27, 2026
23 hours ago
placeholder alt text
Innovation
An MIT roboticist who cofounded bankrupt robot vacuum maker iRobot says Elon Musk’s vision of humanoid robot assistants is ‘pure fantasy thinking’
By Marco Quiroz-GutierrezFebruary 25, 2026
3 days ago
placeholder alt text
Commentary
'The Pitt': a masterclass display of DEI in action 
By Robert RabenFebruary 26, 2026
2 days ago
placeholder alt text
Success
Walmart exec says U.S. workforces needs to take inspiration from China where ‘5 year-olds are learning DeepSeek’
By Preston ForeFebruary 27, 2026
1 day ago
placeholder alt text
Law
China's government intervenes to show Michigan scientists were carrying worms, not biological materials
By Ed White and The Associated PressFebruary 26, 2026
2 days ago
placeholder alt text
Success
Gen Z Olympic champion Eileen Gu says she rewires her brain daily to be more successful—and multimillionaire founder Arianna Huffington says it really does work
By Orianna Rosa RoyleFebruary 25, 2026
3 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.