Apr 25 2005

Unemployment for Hispanics Drops in March

Published by at April 25, 2005 9:55 pm under Hispanic Marketing

The unemployment rate for Hispanics dropped from 6.4 percent to 5.7 percent in March, according to recently released data from the U.S. Labor Department.

Unemployment among Hispanics remained 0.5 percent higher than total U.S. unemployment, which was 5.2 percent.

By age and sex, unemployment among Hispanics ages 20 and over was 5.3 percent for men and 5.8 percent for women. The unemployment rate among Hispanics ages 16 to 19 dropped from 21.2 percent in February to 18.8 percent in March, reflecting 14,000 new jobs going to young Hispanic job seekers and the withdrawal of 12,000 Hispanic youths from the U.S. labor force.

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