The national seasonally-adjusted unemployment rate for Hispanics and Latinos in the U.S. labor force hit its lowest level on record in December of 2018, U.S. Bureau of Labor Statistics (BLS) data released Friday show.
In December, the unemployment rate for Hispanics and Latinos, aged 16 and up, was 4.4%, down from 4.5% in November - tying its record low of 4.4% set in October of this year. BLS began tracking Hispanic-Latino employment data in 1973.
The number of Hispanics employed set a new record high of 27,701,000 in December, as their unemployment rate fell to a record low. The number of Hispanics employed, participating in the workplace, and civilian population all rose in December, as Hispanics' labor force participation rate increased from 66.8% to 67.0%, recording its fourth straight monthly increase.