News Column

Hispanic Unemployment Little Changed in July

August 7, 2014

Staff Reports -- HispanicBusiness.com

Construction workers (file photo)
Construction workers (file photo)


A rise in home construction hasn't translated yet into lower employment numbers for U.S. Hispanics, who are heavily represented in the industry -- but unemployment hasn't increased for Hispanic men, either, according to data released Friday by the Bureau of Labor Statistics.

The unemployment rate among U.S. Hispanics held steady at 7.8 percent in July, the same as in June.

The rate showed a slight uptick to 7.9 percent when not seasonally adjusted. For men, the rate was 6 percent in July, compared to 6.4 percent in June and 7.7 percent in July 2013. The rate for Latinas was 7.7 percent in July, 7.2 percent in June and 9 percent in July 2013.

Youth unemployment rose to 25.7 percent in July from 24.6 percent in June.

Unemployment among major worker groups was little changed in the month, though rates for women and blacks rose slightly after declining in June.

Where the jobs are

Nonfarm jobs grew by 209,000 in July, at the same clip as for the 12 months prior. Professional and business services, manufacturing, retail trade, social assistance and construction all showed gains for the month.

Construction added 22,000 jobs in July, with employment continuing to trend upward in homes and residential specialty trades.



Source: HispanicBusiness.com (c) 2014. All rights reserved.


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