Unemployment Rate of Latinos Skyrockets

Zuraya Tapia-Alfaro's picture

In September, the Pew Hispanic Center's report on the overall state of Latinos found that Latinos were in a significantly worse economic condition and reported a decline in their general well-being. We have continued to see how the economic crisis is hitting Latinos particularly harshly, and today we find that the unemployment rate for Latinos has sky-rocketed to 8.8% in October. The overall national unemployment rate for October reported today is 6.5%, with 240,000 jobs cut during the month. Hispanics have been particularly affected, as the number of unemployed Hispanics went up in September to 1.72 million, and in October Hispanics comprised 1.96 million of the 10 million people unemployed nationally.

Comments

Things are really annoying,

Things are really annoying, skyrocketing unemployment is a sign of economical loses. Active retirement, though sounding likes an oxymoron, is often where people that have gone into retirement (early or otherwise) stay somewhat active. Many still work, though at a slower pace than before, so it isn't exactly unemployment. Many retirees do Internet work – and there's money to be made there, or do odd jobs here and there, when they aren't being called upon injudiciously to watch grandchildren. The ads that claim you can make thousands a month aren't exactly known for their truth ness, but some do work. It can keep those in active retirement from needing short term loans.

kreta

Jaka kreta widzisz da to tobie na wczasy. Ona przemienia i mili moi to krowa chodzi. Czy pojedzie na wczasy jakies. Tak na last minute bo woli te oferty kupowac w kiosku na ulicy.

Latino Unemployment

Some of you folks just don't get it.  There would be plenty of jobs for legal Latinos if they weren't taken by illegals.  Moreover, the wages would be higher because the illegals are willing to work for peanuts while the American Hispanic needs a working wage.