Eric Darnley SmallDespite Donald Trump’s 2024 campaign promises to improve the economy for Black Americans, key indicators have worsened since his return to office: Black unemployment has risen from 6.2% to 7.5% (the highest since 2021), and Black homeownership and median household income have both dropped. The racial wealth gap is widening, with median Black household income now $36,000 less than that of white households. Experts warn this trend poses both political risk for Trump and signals broader economic trouble ahead, as job losses among Black Americans often precede wider layoffs. What could turn this around? More: https://apnews.com/article/trump-economy-black-americans-finances-unemployment-homeownership-588c2d230cfd7e7347f69d4a4fbe24ea #Economy #BlackAmericans #Trump #WealthGap #Unemployment #2025 #Election
Trump's economic promises to Black voters are falling short
Donald Trump warned during the campaign that Black Americans were losing jobs in large numbers and things would only worsen without his leadership. The Republican has been back in the White House since January, and the economic situation for Black Americans has deteriorated. Black unemployment has risen from 6.2% to 7.5% this year, the highest since October 2021. Black homeownership has fallen to the lowest level since 2021. That can put at risk the small but politically meaningful inroads Trump made in 2024 with Black voters. The White House says some of the downward trends began under Democratic President Joe Biden.