MyBlack^® Career

Latinos Outpace Blacks in the Recent Jobs Report

Source: FavStocks

In the most recent jobs report released by the Bureau of Labor Statistics, Hispanic Americans were found to be doing far better than African Americans when it comes to finding jobs in the economic downturn. Overall unemployment for Hispanics was 12.5 percent, while unemployment for African Americans remained at 16.5 percent. Both of these numbers do not compare favorably to white unemployment, which is at 9 percent. Differences between African Americans and Hispanics were also present for women and men when separated into different groups based on gender and age. Hispanic men had an unemployment rate of 11.2 percent, while black men saw their unemployment rate remain the highest of all demographics, at 18 percent. Hispanic women did better than African American women, with an unemployment rate of 11.1 percent, lower than the 13.7 percent rate for African American women. White women did better than any other demographic, maintaining an unemployment rate of 7.4 percent. The differentials for black and Hispanic teens were similar to those for men and women. Hispanic teenagers have an unemployment rate of 29.2 percent, which is a drop from last month’s rate of 30.1 percent. Black teens face an unemployment rate of 37.3 percent, a reduction from the prior month’s rate of 41.1 percent.

Read Article