Photo: Latino Unemployment June at 11%
The June unemployment rate remained unchanged at 8.2% with new jobs created coming in at a disappointing 80,000 for the month. Analyst were expecting job growth to be between 90,000 to 100,000.
Essentially 5.4 million American remain unemployed.
This is the third straight month of weak hiring for the stalled economy. The average monthly job growth over the last three months was a meager 75,000.
The Hispanic unemployment rate showed little to change at 11%. Meanwhile, the jobless rate among African-Americas jumped by 184,000 to a rate of 14.4% the highest it has been since December, 2011.