News Column

Hispanic Job Numbers Remained Stable in June

July 5, 2013

Staff Reports -- HispanicBusiness.com

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Although unemployment numbers for U.S. Hispanics didn't improve in June, they didn't get worse, either, the U.S. Bureau of Labor Statistics reported Friday. National numbers overall also remained static.

"This morning's report is good news," Seth D. Harris, acting Labor secretary, said in a statement. "But our economy still is not performing at its full potential, still not recovering with the speed and strength that working families need."

He called on Congress to focus on passing a jobs bill instead of "a misguided austerity approach that has slowed the recovery and hurt the middle class."

Employment by the numbers

Total nonfarm employment increased by 195,000 in June, but the national unemployment rate remained essentially unchanged at 7.6 percent. The Hispanic unemployment rate was 9.1 percent in June and May 2013, down from 11 percent in June 2012.

In real numbers, 11.8 million Americans were considered unemployed in June, 2.3 million of them Hispanic. Those numbers have shown little movement since February.

While unemployment numbers among Hispanics continue to lag behind national numbers, however, the rate among Hispanic men remains close.

The unemployment rate (not seasonally adjusted) for Hispanic men 20 years or older was 7.5 percent in June, up from 7.2 percent in May and down from 9.5 percent a year ago. The rate for Hispanic women was 8.6 percent in June, up from 8.1 percent in May and down from 10.3 percent last year.

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Related: U.S. Unemployment Holds Steady at 7.6 Percent


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Unemployment among Hispanic youth remains problematic, coming in at 29.6 percent in June (not seasonally adjusted), up from 28.5 percent in May but down from 31 percent in June 2012.

The corresponding rate among non-Hispanic white youth was 22.7 percent in June, down from 23.5 percent in June 2012, while the rate among black youth rose from 44.2 percent in June 2012 to 48.6 percent in June 2013.

The seasonally adjusted unemployment rate for non-Hispanic whites was 6.6 percent in June, down from 6.7 percent in May and 7.3 percent in June 2012. The rate among blacks was 13.7 percent in June, up from 13.5 percent in May and down from 14.4 percent a year ago.

Asians saw a surprising uptick in unemployment in June, at 5 percent compared to 4.3 percent in May and 6.3 percent in June 2012. Numbers for Asians aren't seasonally adjusted.

Employment activity

Employment was up in leisure and hospitality, professional and business services, retail trade, health care and financial activities, the BLS reported, but down in federal jobs. Most major industries showed little change since June.

Leisure and hospitality employment was up by 75,000 jobs in June, an increase over the monthly average of 55,000 that the sector has shown this year.

Employment in professional and business services was up by 53,000; retail trade was up 37,000; health care was up 20,000, primarily in ambulatory health-care services; and employment was up by 17,000 in the financial sector.

Federal government has shed 65,000 jobs in the past 12 months.

Average hourly earnings for private nonfarm workers rose by 10 cents in June to $24.01. Hourly earnings have risen by 2.2 percent during the past year.

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Check out the The Billion Dollar Club -- the HispanicBusiness 500 now lists five billion-dollar-plus companies on its index of the top-earning U.S. Hispanic enterprises.


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