Economy

Latino jobless rate falls sharply, but fewer workers join labor force

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A “Now Hiring” sign is displayed during a job fair for Hispanic professionals in Miami, Florida.

Marco Bello | Bloomberg | Getty Images

The unemployment rate among Hispanic workers dropped sharply in September, but that could be due to fewer eligible adults looking for a job.

Hispanic workers saw their unemployment rate fall to 3.8% from 4.5% in August. Broken down by gender, unemployment declined to 3.2% among Hispanic males over 20 years old and 3.6% among females.

The decline is much bigger than the one seen at the country level. The government said the overall jobless rate fell to 3.5% from 3.7% in August, its lowest level since July. A total of 263,000 jobs were created last month, less…



Source cnbc.com

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