Harry Reid: Hispanic Unemployment Disproportionately High
Monday, August 4th, 2008Senate Majority Leader Harry Reid released the following on August 1:
Senate Democrats responded today to a Department of Labor report which indicates that the nation shed another 51,000 jobs in July – the seventh straight month of losses – as unemployment rose to a four-year high of 5.7 percent and Chevron announced a second-quarter profits of nearly $6 billion. Democrats also called attention to the disproportionately higher unemployment rate among Hispanic American workers.
According to the Department of Labor report, the unemployment rate among Hispanics was 7.4 % last month. The disproportionately higher jobless rate among Latinos underscores the urgent need to strengthen the economy.
Harry, you’re wrong!
HISPANIC UNEMPLOYMENT 1993-2008
| PRESIDENT | FULL TERM | TERM 1 | TERM 2 |
| Bill Clinton | 8.23% | 9.70% | 6.77% |
| George W. Bush | 6.55% | 7.19% | 5.83% |
Click on the small graph to be taken to a larger version.
Hispanic Unemployment 1998-2008
Average Yearly Hispanic Unemployment 1993-2008
The Bureau of Labor Statistics has kept records on Hispanic unemployment since 1973. That data is publicly available, and they will even graph it for you.
The lowest Hispanic unemployment rate on record: October 2006 at 4.7 percent. The second lowest: 4.9 percent in both May and December 2006. The President when these record lows were set? George W. Bush.
