Friday, June 6, 2008

The unemployment rate among Latinos is rising faster than the rate for non-Hispanic workers in the United States

Latino workers have lost nearly 250,000 jobs in the construction industry over the past year, with the foreign-born hit hardest, the report by the Washington-based Pew Hispanic Center said. The unemployment rate for Latino workers was 7.3% for the first quarter of 2008, compared with 6.1% for the same period last year. The rate for all other workers was 5%, up from 4.6%. For the first time since 2003, the unemployment rate for Latinos not born in the United States was higher, at 7.5%, than the rate for native-born Latinos, at 6.9%, the report found.

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