Saturday, December 16, 2017

Latino Unemployment Rates Drop to Record Lows

The unemployment rate among Latino and Hispanic Americans fell to 4.7 percent this November, the lowest level on records since 1973.

GOP Tax Plan Hurts Latinos

Having made its way through the House, the tax bill is scheduled to go before the Senate for a vote in the coming days. If adopted, the tax bill could mean major setbacks for Latinos in health and income inequality.

Trump’s America First Environmental Policy Agenda: Killing Clean Energy and Targeting Latinos

The Trump Administration’s decision to backtrack from the Obama-era Clean Power Plan (CPP) is a continuation of its attacks on environmental protections and underscores its anti-science policy agenda, and policies that discriminate against communities of color with unparalleled precision.

Young Bicultural Latinas Gaining Consumer Power

According to new data, there are 28 million Hispanic females living in the U.S. who are gaining consumer power and influence. Latinas are now in the driver’s seat of U.S. growth. “Marketers are looking at a new Latina,” explains Stacie M. de Armas, vice-president of Strategic Initiatives & Consumer Engagement at Nielsen. “While she is […]

US Retailers Feeling the Effects of Immigration Worries by Hispanic Spending

New Hispanic trends indicate Hispanics are cutting back on spending and buying only essential goods in response to harassment by immigration or law enforcement officials. Already-struggling consumer companies have cited this change in consumer behavior by the country’s-fastest-growing ethnic group as a cause for worry. In late July, Target Chief Executive Brian Cornell at a conference […]

Sole Hispanic Leader Remains on Trump’s Diversity Council for Now

In the week following the riots in Charlottesville, while many businessmen have chosen to part ways with Trump’s business councils, one Hispanic leader is choosing to stay put for now. Javier Palomarez, President and CEO of the United States Hispanic Chamber of Commerce, has decided to remain on President Trump’s National Diversity Council to keep […]

Report: How Latinos Are Powering the U.S. Economy

A new report finds that the Latino population in the U.S. has a price tag of about just over two trillion dollars. If the Latino Gross Domestic Product (GDP) were its own country, it would rank as the 7th largest in the world, according to data publicly available at the U.S. Department of Commerce and […]

Report Finds Latino and Black Millennials ‘Financially Fragile’ Compared to White Peers

On Friday, the Young Invincibles, an advocacy ground committed to expanding economic opportunities for millennials, published a report that found disparities in financial health among white, black and Latinx young adults. The report’s author Kelly Hernandez used the term ‘Latinx’ as a gender neutral reference to the Latino population. Research found that 12 percent of […]

Latino Millennial Home Ownership Key to Housing Market Growth

According to “The State of the Nation’s Housing” study by the Joint Center for Housing at Harvard University, minorities are expected to drive three-quarters of the gains in the U.S. households in the decade of 2015-2025, and Hispanics will account for one third of those gains. The future of home ownership in America will be […]

Surge in Latino Homeless Population in Los Angeles

Recent figures released by Los Angeles show Latino homelessness shot up by 63% in the county last year, with an overall increase of 23% despite increasing efforts to get people off the street. Although nearly all demographics, including youth, families and veterans, saw an increase in homelessness, Latinos particularly delivered one of the sharpest rises, […]