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Black unemployment rose to 7.5% in 2024, with homeownership and income falling, fueling economic and political concerns.
Despite a modest increase in Black voter support during the 2024 election, President Trump’s economic promises have not delivered, with Black unemployment rising to 7.5%—the highest since 2021—Black homeownership falling to its lowest level since 2021, and median Black household income dropping 3.3% to $56,020.
These trends reflect a widening racial wealth gap, raising concerns about broader economic instability, as Black economic struggles often signal wider downturns.
The administration attributes the decline to prior Democratic policies, citing inflation, interest rate hikes, and immigration, while critics argue that federal layoffs, tariffs, and efforts to reshape political representation disproportionately harm Black communities.
Some Black voters express frustration over job losses and a government perceived as favoring billionaires, fueling political re-engagement and growing distrust.
El desempleo negro aumentó al 7.5% en 2024, con la caída de la propiedad de la vivienda y los ingresos, alimentando preocupaciones económicas y políticas.