-
The demand for Hispanic
workers is the main force driving the
revitalization of the labor market in the
U.S., however this trend is not translating
into wage growth
-
The number of employed
Hispanics between the first quarter of 2003
to the first quarter of 2004 rose by about
700,000
-
In 2004 there were 28
million Latinos of working age (16 years or
older), this group is almost 3 million
greater than working age blacks and more
than double that of other minority groups
-
Hispanics are the
second-largest group of workers in the
United States Labor force
-
Hispanics in the United
States are the most likely of all
racial/ethnic groups to seek out employment.
69.1% of Hispanics were either at work or
actively seeking work in the last fiscal
quarter of 2004
-
Of Hispanics in the job
market (19.5 million), 18.2 million are
employed and the remainder (1.3 million) are
unemployed
-
Hispanics have the
highest employment-to- population ratio,
with 64.3% of the working age population
gainfully employed
-
Half of the Hispanic
labor force is 35 years old
-
36% of Latino workers do
not have a high school degree, only 9% of
working non-Hispanic whites lack a high
school diploma
-
Hispanics make up almost
30% of workers in private household services
and around 20% of those who work in
construction, agriculture, forestry,
fishing, manufacturing, restaurants and
hotels
-
8.8% of the Hispanic
labor force work in hospital industry
-
8.6% of the Latino work
force works in Educational Services
-
By the year 2020, the
second generation Latinos in the U.S. Labor
market will go up 209%
-
The third fiscal quarter
of 2004 reports that only 5.5% of Hispanics
work as healthcare practitioners and only
4.8% of Hispanics work in life, physical and
social sciences
