Hispanic-owned businesses are on a roll. Since 2011, the five-year average growth rate in the number of Hispanic-owned businesses has been double or triple the national average for all businesses, according to the Stanford Latino Entrepreneurship Initiative. All told, Hispanic-owned businesses contribute $700 billion annually to the U.S. economy. READ MORE AT ALLBUSINESS
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It is Hispanic Heritage month and the city of Wichita Falls is seeing Latin culture grow, especially when it comes to businesses. A leader in the Hispanic community said last year only one new Latino-owned business opened up but this year she has seen six of them open.
“That’s really awesome," Tina Hernandez, the chef of Juan and Juanitas said. "I love to see the Hispanics around me do more in the community. It’s just awesome. It’s good to see that.” READ MORE IN CBS News Channel 6
Hispanics are ready for your love. Brands that recognize Hispanics and play a positive role in their community will be rewarded. This is a key finding of the first annual Hispanic Sentiment Study conducted among 2,579 Latinx in the United States by the We Are All Human Foundation and Zeno Group. READ MORE AT ADAGE
For the first time, non-Hispanic white residents now make up less than half (49.9%) of the nation’s under age 15 population, newly released 2018 U.S. Census Bureau estimates show. The new data highlight the increasing racial diversity of the nation’s overall population, for which non-Hispanic whites now comprise only slightly more than three-fifths (60.4%) of all residents.
But the fact that white children under 15 have already become a minority in their age group puts an exclamation point on t
A few months after President Trump moved into the White House, a study conducted by the nonprofit research group Media Matters concluded that the morning shows on cable news channels continued to skew white and male when it came to guests.
According to the analysis by Cristina López G., of the 2,862 guests on the three major morning news shows (CNN’s “New Day,” MSNBC’s “Morning Joe” and “Fox & Friends”) in January and February of last year, 85 percent were non-Latino white and 77 percent were m
In the last 20 years, the Hispanic population in Central Indiana has grown by almost 500 percent, and some say jobs are the reason for it. A stable job market and quality of life may have contributed to the quiet settling of a Hispanic community in Indianapolis in recent decades.
And as the Hispanic/Latino population in the city has grown, so has the Hispanic business sector. READ MORE AT INDYSTAR
Statistically, U.S. Latinas can expect a long life. At 84 years, Latina life expectancy is second only to Asian American women (85.8 years) and it's tied with Asian American men.
But experts point out that a longer life can bring health and financial challenges, and Latinas tend to be poorer and rely heavily on Social Security for their retirement income. READ MORE AT NBC NEWS
The unemployment rate for Hispanic and Latino Americans in June fell to 4.6 percent, their lowest recorded level since 1973. A hot job market has helped pull them off the unemployment rolls and into work. The category comprises people who identify ethnically as Hispanic or Latino and can include all races.
At the same time, the jobless rates for black and Asian Americans rose after reaching record lows in May. The rate for white Americans was flat.
The average length of unemployment fell to 21.
No two consumer groups are identical in behavior or belief. Whether the differences are due to gender or politics, education or ethnicity, brands know that what might appeal to one crowd of potential shoppers won’t appeal to another.
With an estimated 55 million Hispanic people living in the United States, new data from YouGov Plan & Track uncovers 10 ways Hispanic consumers aged 18+ living in America differ from the general public. READ MORE AT FORBES
Average annual revenue of Latino-owned business increased from $258,702 in 2016-17 to $327,189 in 2017-18, an increase of 26.5%, according to a new study of more than 28,000 businesses conducted by Biz2Credit.
Much of the growth can be attributed to the overall strength of the U.S. economy. Success breeds confidence, and applications for small business loans from Latino-owned companies jumped 22% during the past 12 months. READ MORE AT FORBES
U.S. job growth is improving as companies added 157,000 jobs in July, and the unemployment rate fell slightly to 3.9%, according to the U.S. Bureau of Labor Statistics. Gains were seen in professional and business services, manufacturing, healthcare, and social assistance.
In July, the unemployment rate edged down by 0.1 percentage point to 3.9%, following an increase in June. The number of unemployed persons declined by 284,000 to 6.3 million in July. Both measures were down over the year, by
Hispanics living in the United States tend to have “less education, a higher poverty rate, and worse access to health care” and “represent the ultimate paradigm of healthcare disparities,” with the highest rate of uninsured, lowest rates of health screening and counseling, and poorest levels of blood pressure and blood sugar control, as well as “other measures of deficient quality of care.” So they must have dismal public health statistics, right? READ MORE AT CARE2
In a recent study Yahoo conducted with Ipsos on Hispanic millennials focused on the third generation, over half of the respondents said it’s about time that advertisers recognized that Hispanics shop, too.
It’s a new year, and another reminder that the Hispanic consumer is exponentially growing in buying power. Now more than ever, it’s imperative for marketers to understand what it takes to reach this important customer segment and build a proper marketing strategy that’s thoughtful, effective
While the rate of Latino population growth in the U.S. has slowed since the Great Recession, experts say it’s still increasing at an impressive rate.
Of the 2.2 million people added to the nation’s population between 2016 and 2017, Hispanic accounted for slightly more than half of that growth. Today, the U.S. has 59 million Hispanic residents, a figure expected to nearly double by 2060, according to U.S. Census projections. READ MORE AT AZBIGMEDIA
The Latino population in the United States has reached nearly 58 million in 2016 and has been the principal driver of U.S. demographic growth, accounting for half of national population growth since 2000. The Latino population itself has evolved during this time, with changes in immigration, education and other characteristics.
This summary draws on a statistical portrait of the nation’s Hispanic population, which includes trends going back to 1980. Here are some key facts about the nation’s La
The evolution of work is becoming a battle between flexibility and stability. The sharing economy offers people unprecedented opportunities to work when, where, and as much as they want. But it also threatens a future in which stable, well-paying jobs cede to temporary gigs with few protections. Lawmakers wonder: How do we stoke new-economy industries without burning up old-economy security? READ MORE AT INC
Every cloud has a silver lining. And when it comes to the current status of the retail industry, which ranges from "bleak to promising, according to Business.com, that silver lining consists of Hispanic millennials. In fact, regardless of the state of retail at large, Hispanic millennials — especially Latinas — are the new now of retail, and their impact on your bottom line may be more than you realize. READ MORE AT MEDIAPOST
Annual hotel openings have nearly tripled over the past five years, according to a recent forecast by Statista. Just who’s expected to fill all these new rooms moving forward? Rather than think in age demographics (baby boomers vs. Millennials), it’s time for the hospitality industry to recognize a powerful yet largely untapped target audience: U.S. Hispanics.
Now taking more vacations across every income level — and spending nearly READ MORE AT O'DWYER'S
For more than a week, Marisol Paniagua has been living at an evacuation center. She had been scheduled to pick grapes at a vineyard near the city of Santa Rosa, Calif. But that work was canceled because of the wildfires ravaging Northern California.
“It’s very difficult right now because we just have a little bit of gas left in our car. That’s how we are still able to drive around,” said Paniagua, 37. “But the fact is, we have nothing.”
The wildfires in Northern California have already done mor
Even as there are signs that the economy is beginning to turn the corner for the better, the Hispanic community is lagging behind.
Hispanics have a higher than the national average unemployment rate and many more are living below the poverty line. Most gut-wrenching, nearly a third of all Latino children are living in poverty. The last eight years have failed to do much to ameliorate this situation despite well-intentioned government policies.
The incoming Trump administration has an opportunit