Numbers, Facts and Trends Shaping Your World

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    VI. Trends in Wages

    Most workers suffered a loss in real earnings in the past year. Wage declines were greater for non-Hispanics than for Hispanics. Indeed, median wages for foreign-born Hispanics are estimated to have increased since the third quarter of 2007. Although this appears paradoxical in light of the ongoing recession, it may simply be a result of […]

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    IV. Changes in Employment

    The current recession has led to sharp increases in unemployment for all groups of workers. Unemployment among Hispanics increased more than for non-Hispanics from the third quarter of 2007 to the third quarter of 2008. Also, the unemployment rate for native-born Hispanics rose more than the rate for foreign-born Hispanics. However, increases in measured unemployment […]

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    II. Introduction

    This report focuses on economic outcomes for Hispanic and non-Hispanic workers during the ongoing recession. According to the National Bureau of Economic Research, the semiofficial arbiter of these dates, the U.S. economy entered a recession in December 2007. Earlier this year, the Pew Hispanic Center released a report that analyzed labor market developments for Latinos […]

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    Breaking Barriers: Congressman Dalip Singh Saund

    Born near Amritsar, India in 1899, Dalip Singh Saund was an unlikely future candidate for national office when he came to the United States in 1920 to study food preservation at the University of California, Berkeley. But in 1956 Saund, whose career would span the vocations of mathematician, farmer, author, activist and judge, became the […]

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    VII. Changing Economic Behaviors

    In a deteriorating economy, many Latinos have been adjusting their economic behaviors, including sending smaller remittances, curtailing spending plans and participating in informal loan agreements with family and friends. Remittances More than one-third (36%) of Latino adults say they have sent money to someone in their home country in the past year. as have more […]

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    V. Non-Housing Debt

    Compared with the general population, Latinos are less likely to hold debt. Some 28% of Latinos report that they have no credit card or installment loan debt whatsoever, compared with 19 percent of the general population (Pew Research Center for the People & the Press, October 2008). More than half (55%) of the general population […]

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    IV. Hispanics and the 2008 Election

    Interest in the 2008 Campaign Interest in the presidential campaign was high in 2008. Nearly three-in-four Latinos (74%) say they were more interested in the 2008 election than in the 2004 election. However, compared with Latinos who are U.S. citizens, Latinos who are not citizens expressed a greater interest in the 2008 election than in […]