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.
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AMERICA UNLEASHED: Stock Market HITS ALL TIME HIGH, Unemployment at 49 YEAR LOW
The US economy continued to smash records and surpass expectations in September, with new data showing the American unemployment rate at a half-century low and the Dow Jones Industrial Average reaching an all-time high.
According to CNBC, the Dow rose 219 points Thursday with the S&P 500 also breaking its previous record. The President hailed the news on social media, saying “S&P 500 HITS ALL-TIME HIGH Congratulations USA!”
S&P 500 HITS ALL-TIME HIGH Congratulations USA!
— Donald J. Trump (@realDonaldTrump) September 20, 2018
The stunning economic data may spell disaster for Democrats hoping to retake Congress this fall, with House Minority Leader Nancy Pelosi vowing to repeal the ‘GOP Tax Scam’ should her party win big during the midterm elections.
Read the full report at CNBC.
BACK TO WORK: Unemployment Drops to 3.7%, Lowest Since DECEMBER 1969
The US economy continued to smash expectations and break records in September, with recently released data showing the unemployment rate dropping to just 3.7%; the lowest level since December 1969.
According to CNBC, the nation’s job market roared to life last month as the unemployment rate for American workers plummeted to levels not seen in roughly 50 years.
“The unemployment rate fell two-tenths of a percentage point to 3.7 percent, the lowest level since December 1969 and one-tenth of a percentage point below expectations,” writes CNBC.
The unemployment rate for African-Americans dropped three-tenths of a percent to 6%; hovering slightly higher than the historic low of 5.9%.
The strong economic data may spell disaster for Democrats heading into the 2018 midterm elections, with House Minority Leader Nancy Pelosi vowing to repeal the ‘GOP Tax Scam’ should her party retake control of Congress this November.
Read the full report at CNBC.
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