Economy

Hispanic unemployment rate declines in September

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The U.S. unemployment rate held steady in September but ticked down among Hispanic workers, according to data released Friday by the U.S. Department of Labor.

September’s nonfarm payrolls report showed a blockbuster month of higher numbers across the board. The economy added 336,000 jobs last month, blowing past the 170,000 estimate from economists polled by Dow Jones. The unemployment rate held steady at 3.8% and came in slightly ahead of a 3.7% forecast.

Among Hispanic workers, the jobless rate decreased to 4.6% from 4.9%. Broken down, it dipped to 4.3% from 4.4% among Hispanic women and held steady at 4.3% for Hispanic men.

Meanwhile, the labor force participation rate, which measures…



Source cnbc.com

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