History

The Korean American community comprises of about 2 million people in the United States.

Since 1975, large numbers of Koreans have been immigrating into the United States putting Korea in the top six countries of origin of immigrants to the United States. The reasons for immigration are many including the desire for increased freedom and the hope for better economic opportunities.

Surveys conducted in Los Angeles, Chicago, New York, and Atlanta confirm that about one-third of Korean immigrant households engage in a self-owned business. With more than 155,000 businesses, Koreans rank third among APAs, after the Chinese and Indians. But their tendency to enter into business is one of the highest among all minority ethnic/racial groups. For instance, the rate of Korean business ownership is 71 percent higher than their share of the population, highest of all the major Asian ethnic groups.