10/14/2026
As always in the United States, Black people have been hit the hardest. According to a 2024 Consumer Financial Protection Bureau survey, 63 percent of Black households reported having difficulty paying bills or expenses, far higher than the overall rate of 43 percent. A 2022 study by the Kaiser Family Foundation found that 56 percent of Black people have health care debt, compared with 37 percent of whites. In 2025, the percentage of Black American men aged 25 to 54 who were employed was under 80 percent, compared with an employment rate of nearly 90 percent for white, Latino, and Asian American men in the same age range.
