The national seasonally-adjusted unemployment rate for Hispanics and Latinos in the U.S. labor force rose to 4.9% in January after tying its lowest level on record the month before, U.S. Bureau of Labor Statistics (BLS) data released Friday show.
In January, the unemployment rate for Hispanics and Latinos, aged 16 and up, was 4.9%, up from 4.4% in December, which matched its record low of 4.4% set in October of 2018. BLS began tracking Hispanic-Latino employment data in 1973.
The number of Hispanics employed fell to 27,579,000 from its record high of 27,701,000 in December. Both the number participating in the workplace and Hispanics' labor force participation rate rose for the fifth straight month, with the participation rate hitting 67.3% - well above the national average of 63.2%.
Hispanic-Latino employment statistics for January 2019:
· Unemployment rate: 4.9%, up from 4.4% in December
· Civilian Noninstitutionalized Population (16+ years old): 43,044,000 down from from 43,234,000 in December
· Number Participating in Labor Force: 28,985,000 up from 28,963,000 in December
· Labor Force Participation: 67.3% up from 67.0% in December
· Number Employed: 27,579,000 down from 27,701,000 in December
· Number Unemployed: 1,406,000 up from 1,261,000 in December