Hispanics in the U.S. Economy


Book Description




Latinos and the Economy


Book Description

At 15.4 percent of the population, Latinos are the largest minority group in the United States. They are a growing presence in all sectors of the economy, play an increasingly important role in government and politics, and are influential across a wide range of cultural domains. Despite the growing attention paid to Latinos in recent years, this population is characterized by relatively low socio-economic status, and Latinos frequently rank behind the majority white population and other minority groups when it comes to education, finances, and employment. This book contributes to the understanding of these issues by addressing a comprehensive range of topics on Latino economic incorporation, outcomes, and impact over an individual's lifetime. The volume starts with the foundational issue of education, and then moves to immigrant integration and adjustment, Latino and immigrant earnings, the economic impact of Latinos, and inter-generational incorporation and long-term integration issues. The contributions provide wide-ranging perspectives on the key factors that determine whether Latinos will be able to achieve their economic potential. The substantial individual, national, and international implications of these studies make this book of interest to scholars and policy-makers alike, particularly those concerned with the issues of education, immigration, employment, and earnings. The rapid and continuing growth of the Hispanic population ensures that the debate over social policy in the next few decades will increasingly focus on how best to alleviate the economic and social problems facing this population and perhaps encourage rapid assimilation. The studies in the volume edited by David Leal and Stephen Trejo provide an excellent foundation for this discussion. The conceptual issues and findings in these papers are sure to be valuable to both policy makers and researchers. George Borjas, Robert W. Scrivner Professor of Economics and Social Policy, John F. Kennedy School of Government, Harvard University Latinos and the Economy provides a truly authoritative but accessible compilation of first-rate scholarship on Hispanic incorporation, educational and political gains, and ongoing economic and cultural impacts. It is "must reading" for anyone concerned about the future, especially as America moves inexorably towards becoming a majority-minority society by mid-century. Daniel T. Lichter, Ferris Family Professor, Department of Policy Analysis and Management, Cornell University This is the volume to read for anyone interested in current American immigration issues or the role of Hispanics in the U.S. economy." Daniel S. Hamermesh, Killam Professor of Economics, University of Texas at Austin "The future of America is closely intertwined with the successful integration--economically, politically, and socially--of the Latino population. Latinos now comprise one of every seven workers and almost one of every five students in the United States. The research reported in this volume describes the challenges faced by Latinos in schools, the labor market, and in communities and explains their prospects for upward mobility. These studies suggest that a significant investment in expanding educational opportunities may be the single most important policy lever to incorporate Latinos into the American mainstream." Charles Hirschman, Professor of Public Affairs and Boeing International Professor of Sociology, University of Washington




Latinos in a Changing US Economy


Book Description

The contributors identify the increasing differences in income and social status between rich and poor, Anglos and Latinos, men and women, immigrant and native born, and suggest policy options that will reverse the growth of social inequality. National data as well as a series of case studies from important Latino cities such as New York, Los Angeles, San Antonio, Chicago and Miami are presented.




Afro-Latinos in the U.S. Economy


Book Description

Afro-Latinos in the U.S. Economy outlines the current position and status of Afro-Latinxs in the economy of the United States. Very little research has thus far been disseminated in the field of economics on the contributions of Afro-Latinxs regarding income and wealth, labor market status, occupational mobility, and educational attainment. On the other hand, cultural studies, literary criticism, and social science fields have produced more research on Afro-Latinxs; the discipline of economics is, thus, significantly behind the curve in exploring the economic dimensions of this group. While the Afro-Latinx community constitutes a comparatively small segment of the U.S. population, and is often viewed as the nexus between two of the country’s largest minority groups—African Americans and Latinxs, who comprise 13 percent and 17 percent, respectively, of the U.S. population—Holder and Aja outline how the group’s unique economic position is different than non-black Latinxs. Despite possessing higher levels of education relative to the Latinx community as a whole, U.S. Afro-Latinxs do not experience expected returns in income and earnings, underscoring the role anti-Blackness plays in everyday life regardless of ancestral origin. The goal of this book is to provide a foundation in the economic dimensions of Afro-Latinxs in the U.S. which can be used to both complement and supplement research conducted on this group in other major disciplines. “




Mexican Americans and the U.S. Economy


Book Description

As workers and consumers, Mexican Americans are a viableÑand valuableÑpart of the broad U.S. economy. Despite that many are hindered by low education (and consequently low wages) and limited opportunities, they have continuously struggled for, and continue to seek, better days and the opportunity to realize their share of the American dream. This book examines the problems that Mexican Americans have experienced in attaining economic parity with non-Hispanic whites. It examines four major topics of particular concern to the economic status of the Mexican American community: - immigration, reviewing the Bracero Program, the Immigration Reform and Control Act of 1986, legislation from the 1990s, and the problems faced by immigrants today - education, stressing the importance of economic incentives to invest in education - wealth and poverty, evaluating opportunities and roadblocks as Mexican Americans aspire to middle-class standards of living - the labor market, covering such topics as employment, income, and discrimination. Arturo Gonz‡lez has drawn on recent census data to present for the first time in one volume a detailed economic analysis of three generations of Mexican Americans. These statistics reveal a people who are steadily improving economically and provide evidence that stereotypes of Mexican Americans are outdated or erroneous. Mexican Americans and the U.S. Economy shows that economics is an important aspect of the Mexican American experience. The book helps broaden students' understanding of the communityÕs ongoing struggle, putting the quest for buenos d’as in clearer perspective.




Hispanics and the Future of America


Book Description

Hispanics and the Future of America presents details of the complex story of a population that varies in many dimensions, including national origin, immigration status, and generation. The papers in this volume draw on a wide variety of data sources to describe the contours of this population, from the perspectives of history, demography, geography, education, family, employment, economic well-being, health, and political engagement. They provide a rich source of information for researchers, policy makers, and others who want to better understand the fast-growing and diverse population that we call "Hispanic." The current period is a critical one for getting a better understanding of how Hispanics are being shaped by the U.S. experience. This will, in turn, affect the United States and the contours of the Hispanic future remain uncertain. The uncertainties include such issues as whether Hispanics, especially immigrants, improve their educational attainment and fluency in English and thereby improve their economic position; whether growing numbers of foreign-born Hispanics become citizens and achieve empowerment at the ballot box and through elected office; whether impending health problems are successfully averted; and whether Hispanics' geographic dispersal accelerates their spatial and social integration. The papers in this volume provide invaluable information to explore these issues.




Multiple Origins, Uncertain Destinies


Book Description

Given current demographic trends, nearly one in five U.S. residents will be of Hispanic origin by 2025. This major demographic shift and its implications for both the United States and the growing Hispanic population make Multiple Origins, Uncertain Destinies a most timely book. This report from the National Research Council describes how Hispanics are transforming the country as they disperse geographically. It considers their roles in schools, in the labor market, in the health care system, and in U.S. politics. The book looks carefully at the diverse populations encompassed by the term "Hispanic," representing immigrants and their children and grandchildren from nearly two dozen Spanish-speaking countries. It describes the trajectory of the younger generations and established residents, and it projects long-term trends in population aging, social disparities, and social mobility that have shaped and will shape the Hispanic experience.




The Rise of the Hispanic Market in the United States


Book Description

Not only are Hispanics the largest minority group in the United States, but Mexico is fast becoming our major trading partner, surpassing even Japan. In fact, the U.S. now has the fourth largest Spanish-speaking population in the world, after Mexico, Spain, and Argentina. How has this demographic group transformed the U.S. into a bi-lingual nation within the span of a generation? Why do Hispanics resist assimilation and insist on speaking Spanish in public life? And how can businesses effectively reach the emerging Hispanic consumer market with its estimated puchasing power of USD1 trillion by 2010? These questions constitute the single-most important marketing challenge for corporate America in the twenty-first century. This book examines the Hispanic worldview and how it informs people's economic decisions, both in the United States and across North America. It challenges the viewpoint that American culture will soon dominate its NAFTA trading partners, looks carefully at the market for Hispanic goods in the U.S. and the market for our goods throughout the Spanish-speaking world, and shows how marketeers are now reaching the Hispanic community domestically. The information and insights found here are essential for teachers, students, and professionals in the fields of international finance and world trade, as well as almost all areas of business, marketing, and strategic planning.




The Economic Status of the Hispanic Population


Book Description

In 2010, Hispanics represented one out of every six people in the U.S. (up from one out of eight in 2000), such that the economic status of this population has become increasingly important for the economic direction of the nation. This volume brings together a group of scholars who analyze a variety of socioeconomic issues (particularly those related to education, poverty, and health) to assess how Hispanics have been faring relative to other Americans. A common theme across the chapters is that Hispanics tend to lag behind non-Hispanics with respect to their economic outcomes. Despite this lag, however, some of the studies indicate that Hispanics have been making progress in terms of improving their relative economic position in recent years. Several of the chapters also discuss policy implications. The intended audience includes social scientists, students, policymakers, and anyone interested in learning more about the economic conditions of Hispanic Americans. Many of the authors employed rigorous statistical methods to analyze the economic status of Hispanics, but the chapters were written to be accessible to a broad audience instead of one comprised mainly of quantitatively-oriented academics.




Latinos and the Economy


Book Description

At 15.4 percent of the population, Latinos are the largest minority group in the United States. They are a growing presence in all sectors of the economy, play an increasingly important role in government and politics, and are influential across a wide range of cultural domains. Despite the growing attention paid to Latinos in recent years, this population is characterized by relatively low socio-economic status, and Latinos frequently rank behind the majority white population and other minority groups when it comes to education, finances, and employment. This book contributes to the understanding of these issues by addressing a comprehensive range of topics on Latino economic incorporation, outcomes, and impact over an individual's lifetime. The volume starts with the foundational issue of education, and then moves to immigrant integration and adjustment, Latino and immigrant earnings, the economic impact of Latinos, and inter-generational incorporation and long-term integration issues. The contributions provide wide-ranging perspectives on the key factors that determine whether Latinos will be able to achieve their economic potential. The substantial individual, national, and international implications of these studies make this book of interest to scholars and policy-makers alike, particularly those concerned with the issues of education, immigration, employment, and earnings. The rapid and continuing growth of the Hispanic population ensures that the debate over social policy in the next few decades will increasingly focus on how best to alleviate the economic and social problems facing this population and perhaps encourage rapid assimilation. The studies in the volume edited by David Leal and Stephen Trejo provide an excellent foundation for this discussion. The conceptual issues and findings in these papers are sure to be valuable to both policy makers and researchers. George Borjas, Robert W. Scrivner Professor of Economics and Social Policy, John F. Kennedy School of Government, Harvard University Latinos and the Economy provides a truly authoritative but accessible compilation of first-rate scholarship on Hispanic incorporation, educational and political gains, and ongoing economic and cultural impacts. It is "must reading" for anyone concerned about the future, especially as America moves inexorably towards becoming a majority-minority society by mid-century. Daniel T. Lichter, Ferris Family Professor, Department of Policy Analysis and Management, Cornell University This is the volume to read for anyone interested in current American immigration issues or the role of Hispanics in the U.S. economy." Daniel S. Hamermesh, Killam Professor of Economics, University of Texas at Austin "The future of America is closely intertwined with the successful integration--economically, politically, and socially--of the Latino population. Latinos now comprise one of every seven workers and almost one of every five students in the United States. The research reported in this volume describes the challenges faced by Latinos in schools, the labor market, and in communities and explains their prospects for upward mobility. These studies suggest that a significant investment in expanding educational opportunities may be the single most important policy lever to incorporate Latinos into the American mainstream." Charles Hirschman, Professor of Public Affairs and Boeing International Professor of Sociology, University of Washington