Tuesday, May 3rd, 2016

Latinos will outspend millennials by 2020

*Millennials? ppfftt . . . Check it out. VL By Tonya Garcia, Market Watch , Morgan Stanley analysts said Monday. Hispanics should grow their “share of consumer wallet,” otherwise known as retail spending, by 1.6 percentage points by 2020 outpacing millennial growth of 0.6 percentage points and growth for whites over the age of 65

Monday, April 25th, 2016

Julián Castro pushes back against liberal critics

*Castro on criticism of his handling of HUD’s Distressed Asset Stabilization Program: “Just shouting ‘Wall Street,’ sloganeering in a way, does not go to the merits of the program and how it’s working and how we can actually...

Thursday, March 31st, 2016

Silicon Valley subcontracting makes income inequality worse, report finds

*It’s not that there aren’t Latinos doing fantastic work in tech, it’s that Silicon Valley, try as it may to change, is still blind to communities of color. So the biggest growth in Silicon Valley jobs is...

Monday, March 28th, 2016

Why Raising The Social Security Retirement Age Could Hit Latinos Hardest

*We pay millennials and young Latinos a lot of attention, but older Latinos are a big part of the workforce in stressful and dangerous occupations. Those elder Latinos will be affected by a rise in the retirement age...

Thursday, March 24th, 2016

Carlie Rose: The Real Latino Narrative

*This isn’t really about Charlie Rose as much as it is about his audience, and his guests. Sol Trijillo, Aida Alvarez and Henrry Cisneros sit on the board of The Latino Donor Collaborative, a non-profit organization that...

Wednesday, March 16th, 2016

Homeownership decreases overall, increases mong Latinos

*National Association of Hispanic Real Estate Professionals president Joseph Nery goes straight to the point: “Policy makers and the housing industry need to recognize that the face of homeownership in America has changed and it is in...

Friday, March 4th, 2016

Good news for February Latino employment

By Victor Landa, NewsTaco (1 minute read) Good news for the economy overall, and some good news for the U.S. Latino economy specifically. The Bureau of Labor Statistics released February employment statistics this morning. Here are the numbers:...

Thursday, February 25th, 2016

Undocumented Immigrants’ State and Local Tax Contributions

*Eleven million undocumented workers paid $11.64 billion in local, stae and federal taxes. The numbers stand on their own. VL By Institute on Taxation and Economic Policy (1 minute read) An updated 50-state study, Undocumented Immigrants’ State and Local...

Thursday, February 11th, 2016

Obama’s Last Budget Includes Many Latino Priorities, But Gridlock May Doom It

*It’s good that the President’s budget proposal contains items tha address Latino concerns, but because of political polarization the proposal is a non-starter. GOP leadership refused to consider the budget, they didn’t even see it. VL By...

Friday, February 5th, 2016

Latino unemployment dips to 5.9%

Victor Landa, NewsTaco Today, The Bureau of Labor Statistics announced its count of unemployed persons for the month of January and said that ; the , a drop of .1 percent since December. For Latinos the news...

Wednesday, February 3rd, 2016

Paul Ryan Hosts Budget Meeting With House Freedom Caucus. It Didn’t Go Well.

*Fifty-four million Latinos in the U.S. have a stake in the outcome of this meeting. Twenty-five members of the House Freedom Caucus – the same caucus that pressed for sequestration – say they want deeper cuts to...

Tuesday, February 2nd, 2016

Latinos are driving U.S. growth

*I like Trujillo’s point of view: that while Latinos are driving the U.S. economy, some presidential candidates’ cliché’s reduce the U.S. Latino community to a foreign threat that needs to be contained by walls and laws. The...

Friday, January 8th, 2016

Latino unemployment rate drops to 6.3 percent

By Victor Landa, NewsTaco The Bureau of Labor Statistics released its December employment numbers this morning, and economists are calling the report stellar. It was enough of a change to drop the month-to-month Latino unemployment rate from 6.4...

Thursday, December 17th, 2015

Unclear whether Fed’s rate hike will help Latinos continue climbing economic ladder

*After seven years of a net-zero rate the Fed yesterday raised the prime.  The U.S. unemployment rate is 5 percent, but for Latinos its 6.4 percent. Increases in the prime rate, according to some economists, slow hiring,...

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