Politic365

 
 


Grito

6:19pm September 6, 2013

Latino unemployment down slightly in August

3583255350_5ca956e382_b

While the U.S. unemployment rate took a slight dip to 7.3% while adding 169,000 new jobs to the economy, Latino unemployment inched down a tenth of a percent to 9.3% for August. This year the lowest Latino unemployment rate was recorded in April at 9.0%.

It’s being reported that the reason for the drop in the country’s unemployment rate is because the labor force participation rate is down. According to the Wall Street Journal:

“The drop in the main unemployment rate was driven almost totally by negative factors. The number of people employed fell by about 115,000. The only reason the rate declined is that the overall labor force dropped by a larger 312,000, a possible sign of discouraged long-term jobless dropping out.

The labor force participation rate, which is the percent of the population either working or looking to work, took a tumble to 63.2% — its lowest level since 1978.”

In August, the Latino civilian labor force participation rate was 66.3%, which is slightly higher than the national average. This could be because the Latino population is relatively younger.

 



About the Author

Adriana Maestas
Adriana Maestas is the senior contributing editor of Politic365.com.




 
 

 
dime1

#HandsUpDontSpend: Pastor Jamal Bryant Urges Economic Boycott Ferguson Protest

Nov. 27 to Dec. 2nd. Baltimore based Pastor Jamal Bryant has kicked off an economic protest/boycott set to take place from Thanksgiving to Cyber Monday.  The economic boycott is a way to protest the lack of prosecution of Fer...
by Lauren Victoria Burke
0

 
 
Screen Shot 2014-11-23 at 3.55.30 PM

Activists gear up for Dec. 3 protests to highlight US role in funding Mexican security forces

As activists in Mexico have been protesting for weeks to draw attention to the 43 missing students from the Mexican state of Guerrero, their counterparts here in the United States are gearing up for an action on December 3 to d...
by Adriana Maestas
0

 
 
marion1

Marion Barry (1936-2014) and Summer Jobs

From the suites to the streets. Early this morning former Washington, D.C. Mayor and current Ward 8 Councilman Marion Barry died.   In an age of gridlock where many members of Congress brag about flying back and fourth from ho...
by Lauren Victoria Burke
0

 

Advertisement
 
7-ups2A-1024x762

A Powerful Week for the Black Caucus

SEVEN UP. It was a fascinating week for the Congressional Black Caucus.  Perhaps one of their best days since four Black Caucus members became Committee Chairman in January 2009. The week started with New Jersey Rep. Frank Pa...
by Lauren Victoria Burke
0

 
 
2014-11-20_15-19-54

iAmerica.org launches as a resource for administrative relief

As President Obama announces his plan to provide administrative relief to millions of undocumented immigrants this evening, organizations are gearing up for an influx of questions from those who might be eligible for relief fro...
by Adriana Maestas
0

 




0 Comments


Be the first to comment!


Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>