US Unemployment Rate 2015: Latino Unemployment Rate Surpasses National US Average
While the overall U.S. unemployment rate grew during January, the Latino unemployment also saw minor growth.
Based on the U.S. Department of Labor's (DOL) Bureau of Labor Statistics (BLS), the overall unemployment rate increased by 0.1 percentage point, from 5.6 percent to 5.7 percent. For the Latino unemployment rate, it grew by 0.2 percent. Specifically, the Latino unemployment is 6.7 percent, an increase from December 2014's 6.5 percent. In comparison to year-to-year comparisons, January 2014's seasonally adjusted Latino unemployment rate was 8.3 percent.
Within the Latino population 20 years old and older, more women are unemployed than men with 6.2 percent and 5.7 percent, respectively. Overall, the BLS stated 1.74 million Latinos are unemployed, although the figure includes people who are available to work, made an effort to find a job or are anticipating a call back from a layoff.
According to the BLS, 24.3 million Latinos are employed, which represents individuals over 16 years old, but may include people temporarily absent from their jobs.
Despite the small increases in the Latino unemployment rate, Labor Department Secretary Thomas Perez said the new year started with "strong, steady, sustained job growth."
"Employers and workers alike are showing renewed confidence in the economy, which added 257,000 jobs in January (267,000 in the private sector). Private employers have now created 11.8 million jobs over the last 59 consecutive months of growth since early 2010," said Perez about the overall employment figures.
House Speaker John Boehner, R-Ohio, noted millions of Americans are still struggling while searching for employment. Boehner commented on House legislation that President Barack Obama is expected to veto.
"If the president is serious about helping the middle class, he'll reconsider his threat to veto these bills and work with us to get these things done," said Boehner about the Keystone XL pipeline and 40-hour workweek legislation.
"When Americans look at the Republican Congress, they see nothing but gridlock and political grandstanding. Instead of working for middle class Americans, Senate Republicans wasted an entire week repeating failed procedural votes. Instead of working to support working families, Republicans are trying to tear families apart as the price of funding Homeland Security [DHS]," said Senate Minority Leader Harry Reid, D-Nev., adding who called for a "clean bill" to fund the DHS.
"Today's jobs report is another unfortunate reminder that Hispanics continue to struggle to find jobs in President Obama's economy," said Republican National Committee Director of Hispanic Media Ruth Guerra. "With Hispanic unemployment consistently higher than the national average, it's clear that President Obama's tax and spend policies of the past six years fail to benefit all Americans."
The overall U.S. unemployment rate is down from 6.6 percent in January 2014.
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