Jobs Report: Unemployment Hits Latinos Hard

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The Bureau of Labor and Statistics has released a new jobs report, which showcases that Latino unemployment rates increased from 10.3% to 11% in April. The economic recession has also hit the African American community, which has an unemployment rate of 13%. The numbers reflect how deeply Latino workers have been affected by the job market with unemployment rates that are three points higher than the national average of 8.2%.

Despite economists forecasting an increase of over 150,000 new jobs, only 69,000 new jobs were actually created last month. The fields that have been lacking the most opportunities includes construction and government positions, reports the Labor Department. On another note, manufacturing jobs have seen a slight increase with an estimated 42,000 new jobs added in the first quarter.

During a campaign event for President Obama last night in New York City, former President Bill Clinton spoke strongly about Obama's ability to strengthen the job market. According to Bloomberg.com, Clinton said, “If you just look at — the month he took the oath of office, we lost 800,000 jobs. In the last three and a half years, the economy has produced 4.3 million — 27 months, really, — 4.3 million private sector — for the last three-and-a-half years."

According to a survery conducted by the Associated Press last month, Obama's approval ratings in regards to his economic leadership are 46%, while his disapproval rates stand at 52%.

What do you think about the job situation in the U.S? Do you think it will get better?

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