- Author: CNN Money by Tanzina Vega
When it comes to saving for retirement, Hispanics have a lot of catching up to do.
According to data from the Economic Policy Institute, only 26% of Hispanic families had savings in a retirement plan like a 401(k) or IRA, in 2013. Meanwhile, 65% of white families and 41% of black families and 58% of Asian families and those of other races had savings in such accounts.
Part of the reason for this gap is that many Hispanics, particularly those that work in low wage jobs, don't have access to retirement plans, said Monique Morrissey, an economist at the EPI who analyzed data from the Federal Reserve for...
- Author: Albert Sabaté - ABC News/Univision
Latinos have the highest rate of occupational fatalities in the United States and it's been that way for 15 years, according to a recent report. Hispanics make up 15 percent of the labor market, but accounted for more than 20 percent of the fatalities, another report showed. The rate of deaths of Latino workers increased 3 percent in 2011 over the previous year.
Overall, more than 4,600 workers were killed on the job in 2011 down from nearly 4,700...