Jobseekers during a Hospitality House career fair in San Francisco.
Photographer: David Paul Morris/BloombergBlack Unemployment Is Surging in Trump's Overhaul of US Economy
Efforts to shrink the federal workforce are supercharging a broader slowdown.
In his first term, President Donald Trump frequently touted record-low Black unemployment. Now, it’s rising at the fastest clip since 2020.
The unemployment rate for Black Americans has shot up by 1.5 percentage points over the last three months, a rare development outside of recessions. At 7.5%, it’s once again twice the rate for White Americans, erasing the progress made in narrowing the gap over the last three years.