There has been particularly significant job growth for Hispanic men and women since December 2016. While America’s Hispanic population has seen the biggest gains, all demographic groups have seen job growth.
Analysis:
- For both men and women, percent increases in jobs were higher for black and Hispanic members of the population than for white members
- Black employment increased 6.6 percent; Hispanic employment increased 10.3 percent; white employment increased 3 percent
- The percent increase in women working was higher (4.5 percent) than for men (3.4 percent)
Economist Corner:
Hispanic men and women have seen the largest percentage increases in jobs since the end of 2016. There are many reasons for this. A “hot” economy running at more than “full employment” fills the labor force with people who might otherwise not have a chance at a job either because of skill level or because of lack of a resume demonstrating past work experience. As they say, “the best way to get a job is to have one already”. Many Hispanic men and women are therefore getting their first opportunity to get a job that builds their resume and leads to better employment prospects long term.