Labor Department Report: Latinos Filled 60 Percent of All New Jobs in 2011

Huffington Post, February 7, 2012

While Latinos were particularly hard hit by the recent recession, new evidence indicates that they are benefiting from modest improvements in the nation’s economy.

Latinos as a group account for just 15 percent of the nation’s workforce, but they have “racked up half the employment gains posted since the economy began adding jobs in early 2010,“ according to Labor Department statistics cited by the Los Angeles Times.

The Labor Department figures show that of the 2.3 million jobs added to the economy last year, 1.4 million, or 60 percent, were filled by Latinos. The sectors where they gained a large share of jobs included hotels, food services, healthcare and manufacturing.

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According to a recent report by Pew Hispanic Center, median household wealth, comprised of all assets minus all debt, plummeted by 66 percent for Latinos from 2005 to 2009, a time span which includes the housing market crash and the recession. By comparison, median household wealth among blacks dropped by 53 percent in the same time period, and 16 percent among whites.

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At 10.5 percent, the Latino unemployment rate in January 2012 was the lowest in three years,

according to the Labor Department. Nationally, the overall unemployment rate dropped to 8.3 percent as American employers added 243,000 jobs in January.

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So far, Latinos are the only demographic group whose employment numbers have returned to pre-recession levels, the Los Angeles Times reported:

The latest Latino jobless rate of 10.5% remains higher than the overall rate of 8.3% for the nation and 7.4% for whites, partly reflecting their large immigrant population (foreign-born U.S. workers tend to have higher unemployment because of a variety of factors) as well as education and skill levels.

Why are Latinos doing better now than other groups? The Los Angeles Times reports that “they might be more willing to take low-wage, temporary jobs. And they tend to be more mobile, willing to move from one county to another to get a job.”

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  • Anonymous

    I read somewhere that the Dept. of Housing and Urban Development’s program “Moving to Oppurtunity”, which moved impoverished black residents of mostly Northeastern city ghettos to areas of economic growth, might have an impact on displacing hispanics. For instance, there is not much work for low-skilled blacks in Detroit, however, there are many emerging opportunities for low-skill work in places like San Antonio. If you move legal unemployed residents to one area, it might convince illegal aliens to move back home.

  • http://countenance.wordpress.com/ Question Diversity

    Rush had a story today about payroll taxes collected in 1QFY12 < 1QFY11.  If employment is up, how can payroll taxes be down?

    Answer:  This article.  Most of the new jobs are cheap labor Hispanics.

    V-Dare had a recent blog post proving that almost all new jobs created last month were for Hispanics, a big part of those were illegal aliens.

  • http://pulse.yahoo.com/_FWMCMK6U5OWRHYIYJAF2TPFL2U thomas

    I’m sure the la raza racist running the Department of Labor, Hilda Solis is saying to herself…mission accomplished! Viva la raza! One might be inclined to wonder how many of these hispanics are either illegal invaders or the byproduct thereof!

  • Anonymous

    Basically, America has an inexhaustible slush fund or ‘reserve army of labor’ of workers from south America whose function in the economy is to beat wages down to the lowest possible level, ‘subsistence plus reproduction’ as one Victorian economist (David Ricardo, I think), put it when he formulated one of the ‘iron laws’ of economics that characterized theorizing in that era.
     Median American incomes have stagnated for nigh on 40 years, so there must be something in that theory.