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286,000 More Hispanics Had Jobs in September, Setting Record Low Unemployment Rate of 3.9%

By Craig Bannister | October 4, 2019 | 9:07am EDT
(Screenshot)

The national seasonally-adjusted unemployment rate for Hispanics and Latinos fell to a record 3.9% in September – smashing its previous record of 4.2% in August. The number of Hispanics and Latinos employed also set a new record high in September, also breaking a record set the month before, U.S. Bureau of Labor Statistics (BLS) data released Friday show.

In September, the unemployment rate for Hispanics and Latinos, aged 16 and up, was 3.9%, down from 4.2% in August, breaking the record low of 4.2% in April and May – which broke the record low of 4.3% set two months earlier in February. BLS began tracking Hispanic-Latino employment data in 1973.

286,000 more Hispanics had jobs in September, as the 28,152,000 employed broke the record for Hispanic employment of 27,866,000 set in August. The number of Hispanics participating in the workplace rose in September, as did Hispanics' labor force participation rate, which increased from 66.7% to 67.0%.

The number of unemployed Hispanics fell by 81,000 to 1,135,000 down from 1,216,000 in August.

Hispanic-Latino employment statistics for September 2019:

  • Unemployment rate: 3.9% DOWN from 4.2% in August
  • Civilian Noninstitutionalized Population (16+ years old): 43,722,000 UP from 43,630,000 in August
  • Number Participating in Labor Force: 29,287,000 UP from 29,082,000 in August
  • Labor Force Participation: 67.0% UP from 66.7% in August
  • Number Employed: 28,152,000 UP from 27,866,000 in August
  • Number Unemployed: DOWN 1,135,000 from 1,216,000 in August
Source: U.S. Bureau of Labor Statistics

 

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