Hispanic Unemployment Sets New Historic Low as US Economy Swells by 260,000 Jobs

Hispanic Unemployment Sets New Historic Low as US Economy Swells by 260,000 Jobs
Construction workers are seen at a building site in New York City on March 8, 2019. Spencer Platt/Getty Images
Petr Svab
Petr Svab
reporter
|Updated:
Hispanic Americans are enjoying the lowest unemployment on record, 4.2 percent in April, as the economy added 263,000 jobs and the overall unemployment rate dropped to 3.6 percent, the lowest in nearly 50 years.

The report easily soared above expectations, as economists polled by Reuters had forecast nonfarm payrolls rising by 185,000 jobs last month.

Petr Svab
Petr Svab
reporter
Petr Svab is a reporter covering New York. Previously, he covered national topics including politics, economy, education, and law enforcement.
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