Hispanic Unemployment Rate Hits Record Low in December
The national seasonally-adjusted unemployment rate for Hispanics and Latinos in the U.S. labor force hit its lowest level on record in December of 2018, U.S. Bureau of Labor Statistics (BLS) data [1] released Friday show.
In December, the unemployment rate for Hispanics and Latinos, aged 16 and up, was 4.4%, down from 4.5% in November - tying its record low of 4.4% set in October of this year. BLS began tracking Hispanic-Latino employment data in 1973.
The number of Hispanics employed set a new record high of 27,701,000 in December, as their unemployment rate fell to a record low. The number of Hispanics employed, participating in the workplace, and civilian population all rose in December, as Hispanics' labor force participation rate increased from 66.8% to 67.0%, recording its fourth straight monthly increase.
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