Tag Archives: trends

Latinos & the Boomer Tax Facts

I often highlight how Latino communities are impacting the U.S. workforce today. But what about 20 years from now? This article via Fast Company Magazine highlights how increased birth rates, particularly in communities of color, will ultimately impact workforce trends. This trend is particularly true in Hispanic communities where the 18 and under population will continue to grow. An important point to make here – this trend is based on US born Latinos – not immigrants.  According to William Frey, who was interviewed for the article, baby boomers will be dependent and Latinos and other younger communities of color to support government supported programs. It’s a fact that mostly white boomers will need to accept:

There may be a little backlash at first because of the vast cultural differences between mostly white boomers and those born after them, “but over the long term people will adjust to this,” Frey concludes. “They are going to understand that we have job openings and we need to fill them with skilled people. Savvy business owners and corporate leaders will understand that these are the demographics of the future, and we need to make the best of it.”

Graphic via Fast Company

Latino Market Growth and Opportunities

Jose Villa at the Engage Hispanics blog outlines eight trends impacting the Latino market in 2015 and beyond. An interesting list that shouldn’t be too surprising given the demographic, economic, and political changes we’ve seen over the last decade in the Latino population. Two of the eight trends focus on education, highlighting the increased representation of U.S. Latinos in “non-traditional” regions.

According to the Pew Research Center, there are 17 states where Latino children comprise at least 20% of the public school kindergarten population. Today’s kindergartners offer a glimpse of tomorrow’s demographics – indicating a much more Hispanic population in states like Kansas, Nebraska, and Idaho. In states like California and Texas, Hispanics represent the majority of kindergartners.

Reality Check

Pew Hispanic Research reports that the U.S. born Latinos now account for the majority of Latino workers in the United States. The trend is expected to continue for a number of reasons:

It is likely that the share of the Latino workforce that is U.S. born will continue to increase. The U.S. born currently account for most of the growth in the Latino population, and it is uncertain that Latino migrants will return to the U.S. workforce in larger numbers. Some leading economists are of the view that the U.S. has entered a new era of slower economic growth. If so, jobs growth in the future may not be strong enough to reinvigorate immigration from Latin America. The future direction of U.S. immigration policy is also unknown. Finally, demographers have noted that sharp declines in birth rates in Mexico and other Latin American countries may ease the pressure to emigrate to the U.S. in the longer run.

The Educational & Earnings Divide

This is a great piece by The Atlantic regarding race, gender, and the workforce.  An interesting comparison of participation rate of Latinos, women, and other demographic groups. The disparities among Latinos and African Americans can still be attributed to one underlying issue, education:

Blacks and Hispanics, who make up about one-quarter of the workforce, represent 44 percent of the country’s high school dropouts and just 15 percent of its bachelor’s earners. Until we can close the difference between those numbers, it’s unlikely that the workforce’s unyielding racial stratification will improve.

Graphic via The Atlantic

The Road Less Traveled

A recent California study shows Latinos disproportionally attend community colleges after graduating from high school. Why? The study points to several challenges faced by Latinos:

Previous research has found the concentration of Latinos in the public two-year sector to be attributable to many factors, including the relatively low cost, geographic accessibility, and curricular and program flexibility of community colleges (e.g., Crisp & Nora, 2010; Nora & Crisp, 2009). Researchers have also pointed to systemic disparities in K-12 school quality experienced by Latinos and the consequences that attending disadvantaged and underresourced schools have on Latino student college readiness (Nora & Crisp, 2009).