DOL: Hispanic Unemployment Rate at 12.4%

The Department of Labor's Bureau of Labor Statistics released its monthly Employment Situation Summary. According to this report, the national unemployment rate held steady at 9.7%. However, as a group, Hispanics have a much higher 12.4%.

An excerpt of the report:

Bureau of Labor Statistics

THE EMPLOYMENT SITUATION -- FEBRUARY 2010


Nonfarm payroll employment was little changed (-36,000) in February, and the unemployment rate held at 9.7 percent, the U.S. Bureau of Labor Statistics reported today. Employment fell in construction and information, while temporary help services added jobs. Severe winter weather in parts of the country may have affected payroll employment and hours; however, it is not possible to quantify precisely the net impact of the winter storms on these measures. For more information on the effects of the severe weather on employment estimates, see the box note at the end of the release.

Household Survey Data

In February, the number of unemployed persons, at 14.9 million, was essentially unchanged, and the unemployment rate remained at 9.7 percent.

Among the major worker groups, the unemployment rates for adult men (10.0 percent), adult women (8.0 percent), whites (8.8 percent), blacks (15.8 percent), Hispanics (12.4 percent), and teenagers (25.0 percent) showed little to no change in February. The jobless rate for Asians was 8.4 percent, not seasonally adjusted.

http://www.bls.gov/news.release/empsit.nr0.htm