The exit economy is here. Black Women are paying the highest price

Since February, according to my latest analysis, almost 600,000 Black women have been economically sidelined. The November 20, 2025, Jobs Report makes clear this isn’t a blip. It’s a structural crisis. The economy added only 119,000 payroll jobs in September. Revisions to August and July erased another 33,000 positions (the country actually lost 4,000 jobs in August), leaving just 187,000 jobs gained over three months—an average of 62,000 per month. That’s a 3% slowdown from the previous quarter’s already anemic growth.

Stagnation would be troubling enough. But because revisions are reported only in aggregate, we don’t know which groups bore the brunt of those cuts. Intersectional analysis fills that gap—and what it reveals about Black women’s employment should alarm us all.

Black women