A national Latino nonprofit is spearheading an initiative to boost digital skills and provide workforce training among Hispanics.
The Hispanic Federation is partnering with Comcast NBCUniversal Telemundo to support digital skills training through the Latino Digital Equity Centers Initiative, the organization announced Tuesday. READ MORE AT NBC NEWS
We have witnessed the tremendous buying power of Hispanics as their homeownership rates skyrocket. And yet, many Spanish-speaking customers run into roadblocks when it comes to financing. According to the National Association of Hispanic Real Estate Professionals, Latinos experienced a 19.1% home purchase denial rate for conventional loans and were 81% more likely to be denied than their non-Latino counterparts. READ MORE AT NATIONAL MORTGAGE PROFESSIONAL
The National Museum of the American Latino will debut its inaugural gallery in the National Museum of American History on June 18. The new American Latino museum likely won't open in its own building for at least another 10 years, but the Smithsonian will roll out exhibits until the museum finds its permanent home. READ MORE AT CNN
Last year, about half of Latino households in the U.S. were homeowners. And according to the Urban Institute, this group could make up 70% of new homeowners over the next two decades. But new findings suggest Latinos are more likely than any other ethnic group to use risky home financing. READ MORE AT KGOU OKLAHOMA
More than being an excuse to treat oneself to nachos, tacos, mezcal and margaritas, Cinco de Mayo has a history that runs deep and continues to serve as a vehicle conveying Mexican culture, pride and values.
Here are a few things to know about the day. READ MORE AT THE NEW YORK TIMES
U.S. small businesses in general are still in recovery mode from the effects of Covid-19; however, new research from the Latino Business Action Network (LBAN) shows Latino businesses are playing an important role in the U.S. economy through business ownership and job creation. READ MORE AT FORBES
Latinos in the U.S. and Latin Americans are more likely than others to reconsider the workplace after the pandemic, Marina writes. Two-thirds of Latinos polled in Microsoft’s say they are now much more conscious about prioritizing health over their work when it comes to going to the office, and 60% say they are considering changing jobs in response. READ MORE AT AXIOS
Although Latinos and other people of color are avid moviegoers, they are deeply underrepresented on-screen, two recent reports show. The big picture: The first year of the pandemic ravaged the movie industry, with a 72% drop in ticket sales, but research shows that Latino, Black and Asian Americans helped keep it afloat. READ MORE AT AXIOS
Jefa-Owned (owned by a Latina Boss), a national visibility campaign under PepsiCo's Juntos Crecemos platform, calls upon Latinas in the food and beverage sector to apply for the Juntos Crecemos Hispanic Digital & Delivery Program, an eight-week personalized business building program.
To mark the launch, PepsiCo leaders joined Latina business owners for the Nasdaq Opening Bell Ceremony, where they unveiled the first-ever Jefa-Owned neon sign, designed by PepsiCo. READ MORE AT CISION
While the pandemic shook the personal finances of millions of people, Hispanics seem to have learned the lesson of saving for an uncertain future and not overspending.
Sixty-nine percent of respondents say they learned how much credit cards really cost looking at interest rates and fees. The respondents added that they now not only look for low interest rate cards, but also cut back on their use and pay more than the minimum payment each month. READ MORE AT BELATINA
A new study finds many Latino parents are hoping their children make better choices with their money than they did. Only 51 percent of Latinos would want their children to make the same financial decisions (saving, investing, and budgeting) that they did.
A recent survey of 2,000 Americans between 18 and 41, half of whom identify as Latino, found that non-Latino respondents were much more likely to want their children to learn from and model their own money habits (76% vs. 51%). READ MORE AT ST
Right now, Latinas earn $.57for every dollar a non-Hispanic man makes, which adds up to thousands of dollars lost in wages a year — and more than a million over a lifetime. That means even Latinas who work full-time and year-round may never catch up to their male counterparts. HEAR CONVERSATION ON NPR
Across the United States, Latino homeownership is expanding at a record pace, with younger buyers fueling much of the increase, data show. The rise is altering the real estate landscape in many pockets of the country and making this demographic a growing force in the sharply rising housing market. READ MORE AT THE WASHINGTON POST
In 2018, the Census Bureau projected that in 2060, Hispanic people will comprise 27.5% of the total population, with 111 million Hispanic individuals residing in the United States.
Hispanic people are the largest minority in the United States. Only Mexico has a larger Hispanic population than the United States. READ MORE AT KTVZ NEWS
Women make great contributions to STEM every day, and most organizations acknowledge this. In fact, 85 percent of organizations believe that a diverse and inclusive organization is crucial to encouraging different perspectives and ideas, and powering innovation. Yet, women remain underrepresented, particularly in top executive roles, and although organizations are setting ambitious diversity strategies, they often fall short. READ MORE AT TECHNOLOGY NETWORKS
Economies across the globe face a double-headed threat: record levels of unemployment and towering public debt. Over the past two years, many western governments' response to one has come at the cost of the other; furlough schemes and stimulus cheques have left government balance sheets looking worryingly red.
It’s time to take a more aggressive approach. READ MORE AT THE HILL
Just 18.7% of all businesses in the US are minority-owned, despite ethnic and racial minorities making up 40% of the population. For entrepreneurs of colour who face systemic barriers like a lack of funding, choosing the right location to start or scale a business is important.
If you’re a startup owner of colour looking for funding, resources and support, these top 10 cities are worth relocating to, a JobSage report reveals. READ MORE AT BUSINESS CHIEF
The Chicago Film Office, a division of the Department of Cultural Affairs and Special Events (DCASE) developed a 8-week hands-on skill-based program in partnership with local production, costumes, and camera industry unions and post-production.
The 25 students selected to participate have begun attending virtual and onsite instruction. Each participant is developing specific skill sets in production, editing, accounting, hair/make-up, costumes, grip, lighting, camera and many more industry path
Transforming ideas into reality is one of the most fulfilling things that a small business person does. However, it’s not enough to just have an idea and start a business. To succeed in the long term, you need to put in the work to make your basic brand story thrive through the equally important elements of strategy and execution. READ MORE AT BUSINESS2COMMUNITY
Ernst & Young LLP (EY US) today welcomes 96 Black and Latino founders and CEOs to the 2022 cohort of the EY Entrepreneurs Access Network (EAN). A national business accelerator, EAN is a comprehensive, executive program designed to elevate emerging and established Black- and Latino-owned companies through access to resources, networks and one-on-one mentoring. This marks the second full cohort of EAN participants, after the program officially launched in January 2021. READ MORE AT CISION
