The U.S. Latino unemployment rate dropped during February as labor force participation increased. The U. S. Latino unemployment rate dropped during February as labor force participation increased.
The U.S. and Latino unemployment rate slipped based on May's jobs data. The U.S. Bureau of Labor Statistics (BLS), an agency within the U.S. Department of Labor, announced the overall unemployment rate decreased to 5.3 percent as 223,000 jobs were added.
The U.S. Latino unemployment declined by 1-percentage point in comparison to May 2014, and economists have remained optimistic about the latest jobs report.
The U.S. economy continues to improve in slight increments after the Labor Department announced slight job growth in May. Statistics show the economy added 280,000 jobs but the unemployment rate did not change overall. It dropped slightly among Latinos.
The Bureau of Labor Statistics released the seasonally adjusted unemployment rates for April, which showed a continued decline. However, the jobless rate among Latinos rose by a hair, despite unadjusted numbers predicted a decrease.
U.S. Department of Labor Secretary Thomas Perez praised the Senate’s confirmation vote of Loretta Lynch and addressed the country’s labor issues ranging from wages, Obamacare and unions.
While the overall U.S. unemployment went unchanged in March, last month did see an unemployment rate increase for the U.S. Latino community, according to the latest federal statistics.
The U.S. Latino unemployment rate has reportedly decreased to its pre-Great Recession levels and has improved at a faster rate compared to other minority populations.
Surprisingly, one of the only things spared from Old Man Winter's frigid temperatures and record breaking snowfall this year was the U.S. job market. Instead of freezing up like most of the country, the Bureau of Labor Statistics reveals that the economy actually heated up, adding 295,000 jobs in February.
On Wednesday, Gallup's CEO Jim Clifton published an opinion piece Wednesday about the U.S. unemployment rate saying the data reported by the U.S. Department of Labor is misleading and dubbing it a "big lie" in the headline.
President Barack Obama covered several topics during the latest State of the Union address on Jan. 20, ranging from the free community college program, immigration and notably the economy. Latin Post spoke with Latino millennials about the State of the Union on the aforementioned topics.
While the overall U.S. unemployment rate was unchanged for November at 5.8 percent, the Latino unemployment rate, however, did drop across the nation during the same period.
