The unemployment rate for Hispanics and Latinos plunged in April 2019; hitting the lowest level ever recorded in American history at just 4.2%.
“In April, the unemployment rate for Hispanics and Latinos, aged 16 and up, was 4.2%, down from 4.7% in March – breaking the record low of 4.3% set two months earlier in February,” reports CNS News.
The Bureau of Labor Statistics began recording the unemployment rate for Hispanic and Latino-Americans in 1973.
“The United States has more job openings than unemployed people, a situation some economists call ‘full employment’ since most job seekers are able to land a job. Hispanic unemployment dropped to 4.2 percent in April, a record low since the Labor Department started measuring it in the 1970s,” adds the Washington Post.
Read the full report here.