The national unemployment rate among Hispanic and Latino-Americans plummeted to the lowest level on record in June, according to new statistics released by the US Bureau of Labor Statistics this week.
The stunning data released by the BLS shows the unemployment rate among Hispanic-Americans aged 16 and up fell to 4.6%; down from 4.9% in May.
The previous record was 4.8% back in 1973.
“While the Hispanic-Latino unemployment rate had been as low as 4.8% in five months, four of those months were during the administration of President Donald Trump; the lone exception being October of 2006,” writes CNS News.
The Hispanic-Latino unemployment rate was 5.9% in January of 2017, the month President Trump took office.
Read the full report at CNS News.
ECONOMY SOARS: African American, Hispanic Unemployment LOWEST IN HISTORY
The unemployment rate for African American and Hispanic workers plunged to the lowest levels ever recorded Friday as the US economy roars to life under President Trump and the Republican-controlled Congress.
The newest figures released by the US government show the unemployment rate for African American workers dropping to 6.6% and the unemployment rate for Hispanic workers plunging to 4.8%.
“There’s a heck of a lot of good news in this report,” said Kevin Hassett, chairman of the White House Council of Economic Advisers.
“The African-American unemployment rate dropped to 6.6 percent. That’s the lowest rate on record, and significant because black workers’ unemployment is typically double that of whites,” adds CBS News.
The strong economic data comes after similar reports show GDP and jobless claims smashing expectations as more and more Americans head back to work in the second quarter of 2018.
Just this week, similar reports showed unemployment claims dropping to the lowest levels seen since 1973.
ARMAGEDDON CONTINUES: Food Stamp Enrollment PLUNGES to 8 YEAR LOW
Nancy Pelosi’s dire prediction of “armageddon” continued to collapse this week, with the number of Americans receiving Supplemental Nutritional Assistance -better known as food stamps- plunging to the lowest levels in over eight years.
According to Fox News, “overall enrollment” in the SNAP program plummeted to levels not seen since February 2010 on Monday, with just over 40 million Americans receiving food stamps and other food assistance programs.
“As the economy continues to improve, participation in the Supplemental Nutrition Assistance Program (SNAP) is declining,” a USDA official who asked for anonymity told Fox News. “SNAP was established as a temporary supplemental nutrition benefit guiding people to self-sufficiency and self-reliance, not a permanent way of life.”
The statistics come as the unemployment rate continues to fall and jobless claims drop to their lowest levels in nearly 45 years; sparking new fears for Democrats hoping to retake control of Congress this November.
Read the full report at Fox News.