Unemployment Rate of Latinos Skyrockets

In September, the Pew Hispanic Center's report on the overall state of Latinos found that Latinos were in a significantly worse economic condition and reported a decline in their general well-being. We have continued to see how the economic crisis is hitting Latinos particularly harshly, and today we find that the unemployment rate for Latinos has sky-rocketed to 8.8% in October. The overall national unemployment rate for October reported today is 6.5%, with 240,000 jobs cut during the month. Hispanics have been particularly affected, as the number of unemployed Hispanics went up in September to 1.72 million, and in October Hispanics comprised 1.96 million of the 10 million people unemployed nationally.

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