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☆ Hispanic unemployment rate declines in September
  + stars: | 2023-10-06 | by ( Samantha Subin | ) www.cnbc.com   time to read: +2 min
Andrew Lichtenstein | Corbis News | Getty ImagesThe U.S. unemployment rate held steady in September, but ticked down among Hispanic workers, according to data released Friday by the U.S. Labor Department. The unemployment rate held steady at 3.8%, and came in slightly ahead of a 3.7% forecast. Broken down, it dipped to 4.3% from 4.4% among Hispanic women and held steady at 4.3% for Hispanic men. However, it does mark a stark from the depths of the pandemic when the group experienced the highest unemployment rate, according to Gould. Among Black men, the unemployment rate increased to 5.6% from 5%, and fell to 4.5% from 4.7% among Black women.
Persons: Andrew Lichtenstein, September's nonfarm, Dow Jones, Michelle Holder, Elise Gould, Gould Organizations: Brooklyn Puerto Rico Day, Corbis, U.S . Labor Department, John Jay College, Economic Policy Institute Locations: Bushwick, Brooklyn , New York, New York
☆ U.S. unemployment rate falls in December, but rises for Black women, Hispanic men
  + stars: | 2023-01-06 | by ( Sarah Min | ) www.cnbc.com   time to read: +2 min
Spencer Platt | Getty ImagesThe U.S. unemployment rate declined overall in December, but rose for Black women and Hispanic men, according to the latest nonfarm payrolls report. Black women saw unemployment increased to 5.5% last month, up 0.3 percentage points from 5.2% in November, data from the Labor Department showed Friday. Overall, Black employment held steady at 5.7%, while the unemployment rate for Black men actually declined to 5.1% from 5.4% last month. The overall unemployment rate ticked up to 4.1% from 4.0%. And it's really disaffecting Black women and Latinx men," Holder added.
☆ November unemployment fell for Hispanic workers and Black women, while holding steady overall
  + stars: | 2022-12-02 | by ( Sarah Min | ) www.cnbc.com   time to read: +2 min
Joe Raedle | Getty ImagesThe unemployment rate in the U.S. declined for Hispanic workers and Black women in November, while the overall rate held steady. Hispanic workers saw unemployment dip to 3.9% last month, down from 4.2% in October, according to the Labor Department on Friday. It fell more for Black women to 5.2%, from 5.8%. Notable jobs gains last month in the leisure and hospitality sector drove the decline in the unemployment rate among Hispanic workers, Holder said. Meanwhile, strong job gains in health care and government spurred the decline in the unemployment rate among Black women.
☆ Hispanic unemployment rate falls sharply in September, but fewer workers join labor force
  + stars: | 2022-10-07 | by ( Samantha Subin | ) www.cnbc.com   time to read: +2 min
Marco Bello | Bloomberg | Getty ImagesThe unemployment rate among Hispanic workers dropped sharply in September, but that could be due to fewer eligible adults looking for a job. Hispanic workers saw their unemployment rate fall to 3.8% from 4.5% in August. But Hispanics saw a sharp decline in labor force participation, which tracks how many people are employed or searching for work. Many Hispanic workers do seek employment in some areas of the market heavily affected by Federal Reserve interest rate hikes, she added. While Hispanic workers saw the biggest declines on a month-to-month basis, she noted that Black women have still seen the sharpest decline in labor force participation since the start of the pandemic.
☆ The U.S. unemployment rate rose in August, and Black workers' labor force participation declined
  + stars: | 2022-09-02 | by ( Samantha Subin | ) www.cnbc.com   time to read: +3 min
Jeenah Moon | Bloomberg | Getty ImagesThe August jobs report showed the U.S. unemployment rate rise across the board. Meanwhile, Black workers marked the only demographic to see their labor force participation fall. The unemployment rate rose 0.2 percentage point to 3.7% in August, according to data released Friday by the U.S. Bureau of Labor Statistics. However, Black workers marked the only group that saw labor force participation decline, while their employment-population ratio, which measures what percentage of the population holds a job, also fell. "What's happened is the queue's just gotten longer so the discouraged worker effect is much more acute for Black workers."
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