Latino Jobless Rate Hits Four-Year Low

The U.S. unemployment rate for Latinos fell to 9.6 percent in December, the lowest jobless rate in four years.
December was also the fourth straight month the jobless rate has fallen below 10 percent. Prior to September 2012, the Latino unemployment rate had not gone under 10 percent in 44 consecutive months.

However, despite the recent positive trend, Latino unemployment remains nearly 2 percentage points higher than the national average of 7.8 percent, and the rate is still nearly four percentage points above its pre-recession level of 5.8 percent in November 2007, according to the report from the Bureau of Labor Statistics.
The economic recovery for Latinos has been a roller coaster ride. The rate rose from 9.3 percent in December 2008 to 10 percent the following month, reaching a peak of 13 percent in August 2009. READ MORE

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