Join the conversation:

Latino unemployment rate falls

Latino unemployment rate falls

Posted by Liliana Castaño on May 06, 2014

The latest jobs report shows the Latino unemployment rate continues to drop steadily but still lags behind the national unemployment rate by a big margin.

The U.S. Bureau of Labor Statistics report released Friday shows the Latino unemployment rate went from 8.7 percent in November to 8.3 percent in December. Over the course of 2013, the unemployment rate for Latinos declined by 1.2 percent.

The National Council of La Raza pointed out that while the Latino unemployment rate declined last month, “the Latino labor force participation rate dropped and the total Latino workforce shrank by 261,000.”

Meanwhile, the national unemployment rate in December was 6.7 percent, down from 7.0 percent in November. That’s the lowest it has been since Oct. 2008.

Link To Full Article: 

Facebook comments



Monthly newsletter featuring articles hand picked by our country managers from the best content across PanamericanWorld.



Monthly newsletter featuring articles hand picked by our country managers from the best content across the Caribbean Region on PanamericanWorld.

PANAMERICANWORLD COUNTRIES