Sunday, June 08, 2008

Latino Labor Report, 2008: Construction Reverses Job Growth for Latinos

"Due mainly to a slump in the construction industry, the unemployment rate for Hispanics in the U.S. rose to 6.5% in the first quarter of 2008, well above the 4.7% rate for all non-Hispanics. As recently as the end of 2006, the gap between those two rates had shrunk to an historic low of 0.5 percentage points--4.9% for Latinos compared with 4.4% for non-Latinos, on a seasonally adjusted basis.1

The spike in Hispanic unemployment has hit immigrants especially hard. Their unemployment rate was 7.5% in the first quarter of this year,2 marking the first time since 2003 that a higher percentage of foreign-born Latinos was unemployed than native-born Latinos. Some 52.5% of working age Latinos (ages 16 and older) are immigrants. Latinos make up 14.2% of the U.S. labor force." Source: Pew Hispanic Center

Download full pdf report | Link to online summary

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