The U.S. Department of Labor reported that employers added 145,000 jobs in December. But after two months of rampant growth, the American economy is still down nearly 14.7 million jobs since February. It's leaving the workers very vulnerable," Geoconda Argüello-Kline, secretary-treasurer for the Culinary Workers Union, Local 226, told CNN Business. Our latest Latino Jobs Report, shows that participation in the labor force, however, did increase for all workers. The U.S. Department of Labor reported that employers added 225,000 jobs in January. The Latino unemployment rate decreased to 4.2%. The industry added 58,000 jobs with the most growth in specialty trade contractors and heavy and civil engineering construction. Required fields are marked *. After two months of job gains, however, that sector is still down 3.1 million jobs since February, BLS Commissioner William Beach noted in a statement. Our tax priorities. The August Latino jobs report features stories from Latina women who have lost their jobs and access Unemployment Insurance benefits as a way of making ends meet. "We have a huge rent crisis in Reno and for me $1,085 a month for a studio was a huge problem even before the pandemic hit," she told CNN Business. The May Latino jobs report shows the devastating toll that the pandemic is still having on Latinas, in particular. New York (CNN Business)The US unemployment rate fell to 11.1% as the economy added a record 4.8 million jobs in June, the Bureau of Labor Statistics reported on Thursday. Reviews from UnidosUS employees about UnidosUS culture, salaries, benefits, work-life balance, management, job security, and more. The national unemployment rate fell from 4.9% in October to 4.6% in November, the lowest it has been since 2007. says the Department of Labor in it’s monthly jobs report. In April, the leisure and hospitality industry cut 7.7 million jobs. America is dealing with a severe joblessness crisis and millions of people are relying on government aid to make ends meet. dc.description.abstract: Latinas are bearing a large brunt of the pandemic’s disastrous impacts … It was the. November 1, 2019. Factset: FactSet Research Systems Inc.2018. The U.S. Department of Labor reported that employers added 75,000 jobs in May. The number of Americans filing for unemployment at least two weeks in a row rose slightly, to 19.3 million. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. In Nevada, where hospitality and tourism are massive drivers of employment and economic activity, workers are scared that they're putting themselves and their families at risk. The Latino unemployment rate dropped by almost half a percentage point to 5.6 percent last month. © 2011-2020 by UnidosUS | About This Blog, April jobs report shows pandemic is having a devastating toll on Latino workers. The Latino unemployment rate decreased to 3.9%. The U.S. Department of Labor reported that employers added 128,000 jobs in October. Although the unemployment rate has come down from 14.7% in April, it remains higher than at any point during the Great Recession. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. Additionally, the national unemployment rate decreased by 0.1 percentage points to 4.7 percent. Some features of this site may not work without it. The U.S. Department of Labor reported that employers added 130,000 jobs in August. www.unidosus.org PAGE 1 LATINO JOBS REPORT MAY 2020 Latino Unemployment Rate Spiked to 18.9% U.S. The national unemployment rate remained essentially unchanged at 5 percent. These numbers do not include claims filed for pandemic unemployment assistance. Meanwhile, the unemployment rate for young people, aged 16 to 25, was a staggering 20.7%. The report was released a day earlier than usual due to the July Fourth holiday. Volunteers with Forgotten Harvest load food into vehicles at a mobile pantry in Detroit on April 14. The health care sector led job growth. [email protected]; Who We Are. Women bearing brunt of pandemic's economic cost, Powell explains the Fed's mission to boost inflation, UK crashes into deepest recession of any major economy, Jamie Dimon: US needs more government stimulus, He waited over 4 months for unemployment benefits, With people out of work, food banks are stepping up. The national unemployment rate decreased to 3.8%, and the Latino unemployment rate decreased to 4.3%. INDICATORS … Leisure and hospitality ... Latino Jobs Report: Latino Unemployment Rate Remains High at 10.5%, Latino Jobs Report: Latino Unemployment Rate Remains High at 12.9%, Latino Jobs Report: Latino Unemployment Rate Remains High at 14.5%, Latino Jobs Report: Latino Unemployment Rate Remains the Highest at 17.6%, Latino Jobs Report: Latino Unemployment Rate Spiked to 18.9%, Latino Jobs Report: Latino Unemployment Rate Spiked to 6%, Latino Jobs Report: Employers Add 273,000 Jobs in February, Latino Jobs Report: U.S. Professional and business services led job growth. … For the fourth month in a row, the Labor Department noted that its data collectors misclassified some workers as "employed not at work," when they should have been classified as "unemployed on temporary layoff." The U.S. Department of Labor reported that employers added 45,000 jobs in November. America's hospitality and leisure industries were hit the worst by the pandemic lockdown. If it weren't for that issue, the unemployment rate would have been as high as 12.3% in June. Employers Add 224,000 Jobs in June, Latino Jobs Report: U.S. But these initiatives are due to expire at some point as well, potentially creating more hardship for families already struggling. An employee of the Food Bank for New York City transports a pallet of groceries on April 14. While this is lower than the 175,000 new jobs economists had predicted, it is enough to absorb new workers coming into the labor force. Some features of this site may not work without it. 2020 Issues Platform: A Roadmap for Stronger Communities and a Stronger America. All rights reserved. Professional and business services led job growth. While Latinos saw a decrease in unemployment in July, they remain among one of the most impacted groups by both temporary and permanent COVID-closures and income loss. Your email address will not be published. Employers Add 304,000 Jobs in January. Why is the stock market soaring? There is no doubt that America is in the midst of multiple crises and it will take strong political leadership and unified action ... Access. Employers Add 164,000 Jobs in July, Latino Jobs Report: U.S. Today, the U.S. Department of Labor reported that U.S. employers added 161,000 jobs in October 2016. Utilizing data from UnidosUS and Latino Decisions poll on workers in Arizona, Florida, and Texas, this jobs report highlights the barriers to unemployment assistance that Latinos face, despite being eligible for benefits and out of work in large numbers. On March 11, … Gladys Socop helps to bag up food while volunteering at a pop-up food pantry in Chelsea, Massachusetts, on April 11. Unemployment insurance and the additional $600 dollars through the Pandemic Unemployment Assistance program are critical for Latino families right now, who are depending on these support programs to pay for necessities, including rent and mortgages, utilities, and food. 1 salary. The drive-through was set up for the general public on the campus of Phoenix College. Our Jobs Report provides an in-depth look at the significance of these figures, and the effect that the pandemic is having on our community’s well-being. Employers Add 266,000 Jobs in November, Latino Jobs Report: U.S. People line up for food assistance in Waltham, Massachusetts, on April 11. A volunteer holds fruit while helping to distribute food at Pantry 279 in Ellettsville, Indiana, on April 13. The Latino unemployment rate increased to 4.3%. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC.