Hispanic Unemployment Increases to 6.9%–153,000 More Hispanic Unemployed in March

There is no shock today with the March 2008 release of the Bureau of Labor Statistics’ “Employment status of the Hispanic or Latino population by sex and age” report (pdf file). 153,000 Hispanics, feeling the economy’s continued labor pains, joined the unemployment sector during the month of March. This constitutes about 35 percent of the overall increase in the level of unemployed U.S. workers, which is an increase of 434,000 since last month. The overall U.S. unemployment rate increased 0.3 percentage points on the month to reach 5.1 percent, while the Hispanic overall unemployment rate increased 0.7 percentage points during the same period to reach 6.9 percent.”*

*From: http://www.hispanicbusiness.com
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