According to "The Employment Situation for January 2009" released by the Bureau of Labor Statistics today, the unemployment rate for Hispanics rose from 9.2 to 9.7 percent in January. The number of unemployed Hispanics rose to 2.13 million in January up from 1.39 million in January 2008. The jobless rate for Hispanic teenagers reached 24.3 percent and 20.8 percent for all U.S. teenagers.
Overall, total U.S. non-farm payroll employment continued to trend down very sharply (-598,000). January's drop in payroll employment followed sharp declines of 577,000 in December and 597,000 in November, as revised. In January, employment fell across all major industry sectors. Only health care added 19,000 jobs and private education added 33,000 jobs. Average hourly earnings rose by 5 cents, or 0.3 percent, over the month.
The total number of unemployed in the U.S. rose to 11.6 million in January, and the total U.S unemployment rate increased by 0.4 percentage point to 7.6 percent, a 16-year high. Over the past 12 months, the number of unemployed persons has increased by 4.1 million and the unemployment rate has risen by 2.7 percentage points, with most of the increase in unemployment occurring over the past 3 months.
In January, the unemployment rates for adult men (7.6 percent), adult women (6.2 percent), whites (6.9 percent), blacks (12.6 percent), and Hispanics (9.7 percent) increased.
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