Latino unemployment stays under 7 percent for third month in a row
*Good news on the jobs front. Latino unemployment dropped from 6.8% to 6.6%. It’s still not as good as the overall unemployment rate. At least it’s moving in the right direction. We’ll be able to parse that number in the days to come. VL
The Latino unemployment rate in November continued to fall under 7 percent for the third month in a row, marking the first time that has happened since February of 2008.
The U.S. added 321,000 jobs in November, lowering the Hispanic unemployment rate to 6.6 percent from 6.8 percent and extending the healthiest pace of hiring in eight years.
Employers have now added at least 200,000 jobs for ten straight months. The burst of hiring kept the nation’s unemployment rate to 5.8 percent, the lowest rate since July 2008.
Click HERE to read the full story.
[Photo by levin.house.gov]