Despite overwhelming evidence that the racial wealth gap persists in the U.S., it remains a taboo topic in mainstream policy circles and most officials studiously avoid offering targeted solutions to help close this gap. However, this issue is ignored at our nation’s peril given the anticipated growth of racial and ethnic groups over the next … Continue reading
The face of new Californians – once predominantly Latino – is increasingly Asian American, census data show. A seismic shift in immigration has occurred in California over the last decade, with Asia replacing Latin America as the primary source of the state’s immigrants. “This is a pretty astounding change over a short period of time,” … Continue reading
CFR’s Renewing America initiative just released a new report by Alexandra Starr, a fellow at the New America Foundation, titled “Latino Immigrant Entrepreneurs: How to Capitalize on Their Economic Potential.” Through statistics and personal stories, the report explores Latino immigrant entrepreneurs’ growing contributions to the U.S. economy. Contrary to many who assume Latino immigrants just … Continue reading
In a speech given at the Center for American Progress on Aug. 7th, Obama Labor Secretary Hilda Solis talked on the subject of job opportunities for the Latino community. After noting that she want an economy that “works for everyone and not just the privileged few“ the Secretary warned that the Administration will continue to ”put pressure on congress to … Continue reading
The Kauffman Index of Entrepreneurial Activity is a leading indicator of new business creation in the United States and is presented a very comprehensive report. (Adapted Report excerpts by Job Market Monitor following) The Kauffman Index reveals important shifts in the national level of entrepreneurial activity and shifts in the demographic and geographic composition of new entrepreneurs across … Continue reading
Economic Policy Institute: Even though the U.S. recession officially ended in June 2009, the country’s unemployment rate remains devastatingly high. The situation is particularly dire for many African Americans and Latinos—and is not predicted to improve any time soon. Among the states with sufficient data for reliable estimates, African American unemployment rates exceeded 10 percent in … Continue reading