Immigrant Unemployment Rate On The Rise
Put forth on June 6, 2008 by XicanoPwr
Posted in Immigration, Unemployment
The Pew Hispanic Center reports that in the first quarter of this year, the unemployment rate for immigrant was 7.5%, compared to all Latinos at 6.5% and 4.7% for all non-Hispanics. Latinos make up 14.2% of the US labor force, of those, about half (52.5%) are immigrants.
The latest trends in the labor market represent a dramatic reversal for Latino workers. Prior to the recent report, the unemployment rate have been relatively low compared to non-Latino unemployment rates. Over the past year, the biggest hit in the job market have been in construction sector - 250,000 jobs - because of the recent housing slump.
Mexican immigrants have suffered the effects of the construction downturn most keenly. Latino workers who exited construction in 2007 included about 221,000 immigrants. Some 152,000 of those workers had migrated from Mexico. Latino immigrants who entered the U.S. in 2000 or later (from any country) lost 69,000 jobs in construction. For each of these groups of immigrants the jobs lost in construction accounted for the majority of losses from the first quarters of 2007 to the first quarter of 2008.
Labor market outcomes for Hispanic women appear to be worse than for men during 2007. They left the labor force in greater proportion and experienced greater increases in unemployment than did Hispanic men. Some 130,000 more Latino women became unemployed in 2007, and their unemployment rate increased from 5.6% to 7.0%.
The full report: Latino Labor Report, 2008: Construction Reverses Job Growth for Latinos
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This is the blog of Edmundo "XicanoPwr" Rocha, a social worker, an activist, freelance writer and founder and editor of The Sanctuary. My interests include: immigration reform, critical race theory and it's interaction with equality/inequality and freedom/oppression as they relate to the experiences of people of color in the Americas.
Para Justicia y Libertad is a Latino-centered political blog focusing on the humanistic perspective of politics, history, and society as they relate to the Latina/o community throughout Texas and the United States.
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I still think the economy will pick up by the end of the year. Inventories will deplete and workers will be called back to replenish them.
I guess there’s still some doubt in the official gov stats that we’re in a (econ textbook) recession.
The gov not only cooks the books on the economy per se but on the individual inputs like unemployment as well.
I doubt that the gov takes stats on the unemployment rate of undocumented workers.
In any event, it appears the price of oil will have a greater impact on the future of the economy than most people expected.
Government regulation of commodities trading and raising taxes will only exasperate the problem.
Looks like Bush got us into stagflation. The problem this time is that is that the U.S. does not determine the price of oil the way it did the first time stagflation happened.
Chindia is the new oil consumer. Theyre like a gas guzzler on steroids.
The U.S. wanted free markets and now theyve got them.
lol
I still think the economy will pick up by the end of the year. Inventories will deplete and workers will be called back to replenish them.
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