Unemployment rates drop for Latinos
By Victor Landa, NewsTaco (1 minute read)
The Bureau of Labor statistics released its March unemployment numbers and the overall jobs situation isn’t looking good. Wall Street Economists had predicted an increase of 180,000 jobs after two strong prior months’ showings of 260,000. Here are . . .
►Friday’s numbers
90,000 – The number of jobs added to the U.S. economy last month.
4.5 – The national unemployment rate for March 2017.
4.7 – The national unemployment rate for February 2017.
4.8 – The national unemployment rate for January 2017.
5.6 – The U.S. Latin@ unemployment rate for March 2017.
5.9 – The U.S. Latino unemployment rate for January and February of 2017.
4.6 – The U.S. Latino unemployment rate for March 2017.
5.6 – The U.S. Latina unemployment rate for March 2017.
17.9 – The U.S. 16 to 19 year-old Latin@ unemployment rate for March 2017.
Source: Bureau of Labor Statistics
Read more stories about Latino employment in NewsTaco. >>
The big underlying story here is that the Fed is poised to raise interest rates in June, but central bank officials will keep a close eye on month to month wage pressures before then.
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[Photo by recycleharmony/Flickr]