Latino Unemployment Still Higher Than National Average

Latinos continue to suffer from a higher unemployment rate than the national average, according to a report from Hispanic Business:

The unemployment rate for Hispanics ticked up a notch in October to 11.4 percent, according to the Bureau of Labor Statistics’ “Employment Situation – October 2011.” For the year, the Hispanic unemployment rate has averaged 11.6 percent per month, down from a high 13.2 percent in November 2010.

The total unemployment rate fell to 9 percent in October with 80,000 jobs added to the nonfarm payroll ranks. Adjusted figures for the previous two months showed a revision upward in the number of jobs added—from 57,000 to 104,000 in August and from 103,000 to 158,000 in September.

Overall, 1.3 million jobs have been added since Jan. 1, an average of 125,600 per month.

We’ve written several times about high Latino unemployment, and although it would appear the statistic has come down some, it’s still off.