News Column

Hispanic Unemployment Little Changed in October

November 8, 2013

Staff Reports -- HispanicBusiness.com

hispanic unemployment
Hispanic unemployment paced the U.S. worker population in October (file photo)

The U.S. Hispanic unemployment rate held steady at 9.1 percent in October, figures released this morning by the Bureau of Labor Statistics showed. The rate for the U.S. population at large also held steady, though at a considerably lower rate of 7.3 percent.

The U.S. economy added 204,000 jobs in October. The unemployment rate was up slightly from 7.2 percent, but the uptick includes federal workers who were furloughed during the partial government shutdown and were temporarily classified as unemployed.

The unemployment rate for Hispanics was 9 percent in September and 10 percent a year ago, seasonally adjusted.

Unemployment by major worker groups was little changed across the board. By race, the unemployment rates were 6.3 percent for whites, 13.1 percent for blacks and 9.1 percent for Hispanics, seasonally adjusted. The rate for Asians was 5.2 percent, not seasonally adjusted.

Unemployment rates for Hispanics showed marked improvement year over year, with a nonseasonally adjusted rate of 7.8 percent for men compared to 8.3 percent; 8.1 percent for women, compared to 9.5 percent; and 27.4 percent for youth, compared to 28.9 percent.

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