Unemployment among Hispanic Americans fell to the lowest level ever recorded in September.
The Hispanic unemployment rate fell to 3.9 percent on a seasonally adjusted basis in the month, down from 4.2 percent in the month prior, the Bureau of Labor Statistics said on Friday. A year ago, the rate was 4.5 percent. It was 5.9 percent at the conclusion of President Barack Obama’s final year in office.
Prior to Trump’s presidency, the Hispanic unemployment rate had almost never dipped below 5 percent. The only recorded instance was at the height of the housing bubble when it fell to 4.8 percent in October 2006 and then climbed back in the following month. – READ MORE