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Tuesday, January 17, 2006

Hispanics fill 1/3 of jobs created in 2005

Hispanic Business magazine reports that Hispanic employment represented one third of the total 2.6 millions jobs created in 2005. Specifically, employment of Hispanics has increased by 847,000 jobs, bringing the Hispanic unemployment rate down to 6.0 from 6.5 percent in December 2004.

The overall U.S. unemployment rate also dropped by 0.1 percentage point, falling to 4.9 percent in December from 5.0 percent in November, according to the Department of Labor.

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