Latino Unemployment Rate Rises As National Rate Declines

On August 2, the Bureau of Labor Statistics reported that the United States' had added 162,000 jobs in July, bringing the unemployment rate down from 7.6 percent to 7.4 percent.

Unfortunately, this decline does not seem to apply to the Latino population.

According to The Huffington Post, the Latino unemployment rose from June to July rather than having declined.

The rate went from being 9.1 percent to 9.4 percent leaving many wondering, por que?

Chairman of of the White House Council of Economic Advisers released a statement following the release of the Labor Statistics report.

Read page 2 for the statement and more on this issue >>>