Affordability
Class of 2026
Black unemployment
D.C. region

Typical families have faced an affordability crunch in recent decades not because prices have grown exceptionally fast, but because incomes for the vast majority have grown too slowly.

Why? Because intentional policy choices have redistributed income to the very top.

Raising wages and reducing inequality are the key to improving affordability. Here’s how →

Young college graduates are entering a weaker labor market, but outcomes are more mixed than the headlines suggest. Unemployment is on the rise for young college graduates, though it’s mostly because of higher labor force participation.

Certain demographic groups, such as Black and Hispanic workers, face higher unemployment and lower hourly wages, even for young people with limited work experience. 

The college degree is losing its edge →

Black unemployment is rising and employment is falling, reflecting a deterioration in labor market conditions. 
 
In the first quarter of 2026, the Black unemployment rate (7.6%) was 1.2 percentage points higher than in the first three months of the second Trump administration. And Black workers—particularly men—are experiencing lower employment compared with a year ago. 

It doesn’t have to be this way →

After a year of Trump attacks on federal workers and agencies, the Washington D.C. region has experienced far greater employment losses compared with the rest of the country—and Black workers have borne the brunt of the downturn.

But other localities across the country—particularly those with large federal workforces, those that are heavily dependent on federal programs, and those with sizeable immigrant populations—are far from immune. Many could suffer as much, if not more, from the Trump administration’s actions over the past year.

Brace for economic impact →

EPI in the news

  • Hearst Television | May 15, 2026
  • News One | May 15, 2026
  • Courthouse News Service | May 15, 2026
  • Bleeding Heartland (Iowa) | May 15, 2026
  • El Tiempo Latino | May 15, 2026
  • The State | May 15, 2026
  • Staffing Industry Analysts (SIA) | May 15, 2026

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