Layoffs increased most sharply for Black adults last year: Share of adults who experienced a layoff or job loss by race and ethnicity, 2024–2025
| 2024 | 2025 | |
|---|---|---|
| White | 4.73% | 5.38% |
| Black | 9.99% | 12.69% |
| Hispanic | 8.18% | 9.56% |
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, 2026).