News Column

Hispanic Unemployment Edged Up in May

June 6, 2014

Broos Campbell -- HispanicBusiness.com

Waiting for job interview (file photo)
Waiting for job interview (file photo)

The unemployment rate among U.S. Hispanics edged up 0.4 percent in May, the Bureau of Labor Statistics reported Friday.

The seasonally adjusted unemployment rate for Hispanics came in at 7.7 percent in the month, compared to 7.3 percent in April. The news isn't entirely bad, however, as the rate for Hispanics is down significantly from 9.1 percent a year ago.

The Hispanic unemployment rate, not seasonally adjusted, was 7.2 percent in May, up from 6.7 percent in April.

Unemployment rates by age and ethnicity

Seasonally adjusted unemployment rates by age were 5.9 percent for men, 5.7 percent for women and 19.2 percent for teenagers.

Unemployment for Hispanic youth showed a large drop, from 21.7 percent in April to 18.2 percent in May, not seasonally adjusted. This continues an encouraging trend. The rate was 28.5 percent in May 2013.

Rates by ethnicity were 5.4 percent for non-Hispanic whites, 11.5 percent for blacks (seasonally adjusted) and 5.3 percent for Asians (not seasonally adjusted), showing little change for the month.

Where the jobs are

Total nonfarm payroll employment for the U.S. overall rose by 217,000 in May, with the general unemployment rate unchanged at 6.3 percent. The rate dipped slightly in April, but averaged 197,000 during the past 12 months.

Service industries showed the largest jobs gains. Professional and business services added 55,000 jobs in May, continuing the sector's average monthly job gains of the past year.

Health care and social services also added 55,000 jobs in the month.

Employment in construction, a sector heavily represented by Hispanics, showed little change in May.


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