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Wednesday, September 27, 2006

Hispanic unemployment rate falls, wages go up

The Pew Hispanic Center released its Latino Labor Report 2006 report today that showed the Hispanic unemployment rate at a historic low of 5.2%. Other key aspects from the report:

-- The gap between the seasonally-adjusted unemployment rates for Latinos and non-Latinos was 0.6 %; the smallest since Latino employment data became available in 1973.
-- Wages for Latino workers rose at a faster rate than for other workers between the second quarters of 2005 and 2006.
-- The jobs recovery from the recession in 2001 is nearing completion for Hispanic workers.

Download the Report (PDF)


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