Feds look to sell USDA building in Southwest DC
March 1, 2026
SBA Moves to Terminate Over 620 Firms in 8(a) Federal Contracting Program That Refused to Turn Over Financial Data
March 8, 2026February 25, 2026, 3:49 PM
There are signs the U.S. could be headed for a Black recession, according to the Joint Center for Political and Economic Studies.
The nonprofit, which calls itself “America’s Black Think Tank,” released its “State of the Dream” report last month in honor of Dr. Martin Luther King Jr.’s birthday.
It looks back on 2025, the first year of President Donald Trump’s second term.
Joint Center Chief of Staff Monica Mitchell said the report found Black Americans are dealing with two things at once: regression and recession
“Policy rollbacks that have removed protections and investments designed to support Black communities … is the regression, combined with economic indicators, particularly unemployment, that would qualify as recessionary if they were applied to the national economy,” she said.
Black unemployment increased from 6.2% in January of last year to 7.5% in December, according to the U.S. Bureau of Labor Statistics.
Comparatively, in that final month of 2025, the unemployment rate for white people was 3.8%, for Asian Americans it was 3.6% and for Hispanics it was 4.9%.
The report also documented how volatile the unemployment rate was for young Black workers last year.
“It really actually illustrates the extreme instability that makes it nearly impossible for young workers and their families to be able to plan,” Mitchell said.
Click here for full story from WTOP
