At one of his final rallies before the 2024 election, then-candidate Donald Trump warned that Black Americans were losing their jobs in droves and that things would get even worse if he did not return to the White House.
“You should demand that they give you the numbers of how many Black people are going to lose their job,” Trump said. “The African American population, they’re getting fired at numbers that we have never seen before.”
However, with Trump back in office since January, the economic situation for Black Americans has not improved; in fact, it has worsened. Amid rising inflation and other affordability issues, many Black voters shifted towards the Republican Party in hopes of economic revitalization. Recent data indicates a widening racial wealth gap, countering these promises.
Black unemployment has seen a concerning rise from 6.2% to 7.5% in 2025, a figure not seen since October 2021. On the homeownership front, Black ownership has dipped to the lowest point since 2021, according to a Redfin analysis. The Census Bureau has reported a 3.3% drop in median Black household income, now standing at $56,020, significantly lower than that of their white counterparts.
These declines create major political and economic risks, as job losses amongst Black Americans historically indicate potential wider layoffs that may affect other demographics as well.
“Black Americans are often the canary in the coal mine,” said Angela Hanks, a former official at the Consumer Financial Protection Bureau now at The Century Foundation.
The Trump administration has often pointed out that some downward trends were initiated during the Biden presidency, citing ineffective 'diversity, equity, and inclusion' policies. This approach shifts accountability but fails to provide tangible solutions for those in struggling communities.
While Trump has doubled his share of Black voters since 2020, respondents highlight a lack of viable candidates and disappointment regarding federal worker layoffs. This dissatisfaction underscores a belief that the government is prioritizing the wealthy over the middle class.
As the economy struggles, the wealth of white households remains relatively unaffected, accentuating racial disparities. Concerns persist that continued downward trends may lead to increased crime rates as economic stressors mount.
Ultimately, Black Americans remain a key demographic for the Democratic Party, and Trump's policies and rhetoric risk alienating them further at a time when maintaining their support could be crucial for GOP candidates leading up to the next elections.