Chart: Less than half of Black and Hispanic individuals have enough savings to maintain their standard of living in case of a job loss or other emergency: Share of adults who have enough savings to cover expenses for three months in case of an emergency, 2024

Figure B

Less than half of Black and Hispanic individuals have enough savings to maintain their standard of living in case of a job loss or other emergency: Share of adults who have enough savings to cover expenses for three months in case of an emergency, 2024

	Share
White	60.3%
Black	41.4%
Hispanic	44.1%

White

60.3%

Black

41.4%

Hispanic

44.1%

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Note: Race and ethnicity are mutually exclusive (i.e., white non-Hispanic, Black non-Hispanic, Hispanic any race).

Source: Author’s analysis of Board of Governors of the Federal Reserve System, Survey of Household Economics and Decisionmaking (Washington: Board of Governors, 2025).

This chart appears in:

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