News Column

Hispanic Unemployment Still Dropping

October 30, 2013
hispanic job interview
The Hispanic unemployment rate continued to dip, but remained higher than the workforce overall. (file photo)

The Hispanic unemployment rate continued to improve but remained higher than the overall U.S. population's rate in September, the Bureau of Labor Statistics reported. The rate for Hispanics stood at 8.5 percent, down from 9.2 percent in August and 9.4 percent a year ago.

The rate for the U.S. population at large was 7.2 percent in September.

Whites continued to show lower rates than Hispanics, at 6.1 percent in September, down from 6.4 percent in August and 6.8 percent a year ago.

Blacks fared worst by race, at 12.9 percent in September, 13.5 percent in August and 13.4 percent a year ago.

Asians did best, at 5.3 percent. However, they were the only racial group to show an increase. The unemployment rate for Asians was 5.1 percent in August and 4.8 percent a year ago.

The figures, released Oct. 22, are not seasonally adjusted.

The size of the U.S. workforce was little changed in September, but has gone down 0.4 percent since June. Unemployment has decreased by 522,000 since June, according to the BLS.

There were 37.7 million Hispanics in the U.S. workforce in September, according to seasonally adjusted figures from the BLS. That number was 37.6 million in August and just under 37 million in September 2012.

The U.S. workforce stood at 144.3 million in September.

The seasonally adjusted numbers show higher unemployment among Hispanics at 9 percent, down from 9.3 percent in August and 9.9 percent in September 2012.

Unemployment among Hispanic youth remained high but reversed an upward trend, dipping to 25.8 percent in September from 28.4 percent in August. The rate was 27.8 percent a year ago. Those numbers weren't seasonally adjusted.

The rates for Hispanic men and women age 20 and up were 7.4 percent and 8.1 percent for September, not seasonally adjusted.



Source: HispanicBusiness.com (c) 2013. All rights reserved.


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