Posted by: Manuel Delgado | December 12, 2008

Unemployment Declines among Hispanics!

While the number is the streets is that there are 3 times more people looking for jobs thatn evailable positions, the US Department of Labor reported last week that the unemployument rate among Latinos declined from 8.8% in October to 8.6% in November.

That compares with increses of unemployment among African Americans (from 11.1% to 11.2%) and White non-Hispanic (from 5.9% to 6.1%).

While it’s just one data point, I think it’s fascinating how the trend is clear: the Hispanic community seems to be more resilient to the slowing economy.

[Read the full report]

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