- Author: Jenny Manrique, Dallas News
At almost 58 million and growing, Hispanics make up the largest minority group in the United States.
When it comes to the economic power of this group, consider these figures:
Latinos who live and work in the U.S. were responsible for $2.13 trillion of gross domestic product in 2015, almost 12 percent of the country's $18.04 trillion GDP. And the projections for 2020 are even higher: Latino GDP will account for almost 25 percent of the nation's economic growth, according to David E. Hayes-Bautista, director of the Center for the Study of Latino Health and Culture at the University of California at Los Angeles.
Hayes-Bautista, who spoke at the State of Hispanic...
- Author: PewResearchCenter.org By Jeffrey S. Passel and D’Vera Cohn
For most of the past half-century, adults in the U.S. Baby Boom generation – those born after World War II and before 1965 – have been the main driver of the nation's expanding workforce. But as this large generation heads into retirement, the increase in the potential labor force will slow markedly, and immigrants will play the primary role in the future growth of the working-age population (though they will remain a minority of it).
The number of adults in the prime working ages of 25 to 64 – 173.2 million in 2015 – will rise to 183.2 million in 2035, according to Pew Research Center projections. That total growth of 10 million over two decades will be lower than the total...
Americans' views about the impact the growing number of immigrants working in the U.S. is having on American workers have softened notably over the past decade, according to a new Pew Research Center survey, conducted in association with the Markle Foundation.
The overall population is almost evenly split on whether growing numbers of immigrant workers help or hurt U.S. workers overall: 45% say having more immigrant workers hurts Americans and 42% say this trend helps U.S. workers. (The survey referred to immigrants in general and did not specify whether they were legally permitted or undocumented.)
These attitudes have changed...
- Author: UCR Today by Sarah Nightingale
A new analysis of recently available Census data finds that businesses owned by Hispanics are being created at a significantly faster pace than ‘total' businesses in the United States, California and the Inland Southern California region – bucking a trend of diminished business formation during the recession and post-recession years.
The study, released today by the UC Riverside Center for Economic Forecasting and Development at the School of Business Administration, examines data from the U.S Census Bureau's newest Survey of Business Owners, which is published once every five years and provides the most current snapshot of the nation's...
- Author: Fusion.net by Emily DeRuy
Most Hispanics in the United States think higher education is affordable despite soaring tuition costs and an ever-expanding student debt bubble, as reported by Fusion.net.
According to a new Gallup-Lumina Foundation study, 51 percent of Hispanics think “education beyond high school is affordable to anyone in this country who needs it.”
Just 19 percent of blacks and 17 percent of whites feel the same.
So why are...