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Hispanic Unemployment Rate Holds at Record Low in May

By Craig Bannister | June 6, 2019 | 4:38pm EDT
(Screenshot)

The national seasonally-adjusted unemployment rate for Hispanics and Latinos in the U.S. labor force held steady at its record low of 4.2% in May, U.S. Bureau of Labor Statistics (BLS) data released Friday show.

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

The number of unemployed Hispanics fell from 1,198,000 to 1,196,000 - the fewest Hispanics unemployed since August of 2007 (1,190,000).

The number of Hispanics employed rose to 27,493,000 from 27,348,000, but remained off from its record high of 27,701,000 in December 2018. The number of Hispanics participating in the workplace increased in May as Hispanics' labor force participation rate increased to 66.2% from 65.9% in April.

Hispanic-Latino employment statistics for May 2019:

  • Unemployment rate: 4.2%, unchanged from 4.2% in April.
  • Civilian Noninstitutionalized Population (16+ years old): 43,370,000, up from 43,289,000 in April.
  • Number Participating in Labor Force: 28,689,000, up from 28,546,000 in April.
  • Labor Force Participation: 66.2%, up from 65.9 in April.
  • Number Employed: from 27,493,000, up from 27,348,000 in April.
  • Number Unemployed: 1,196,000, down from 1,198,000 in April.
Source: U.S. Bureau of Labor Statistics

 

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