Thursday, September 15th, 2016

The ugly truth behind the palatero GoFundMe campaign

*The ugly truth is that Latino elderly are not prepared or retirement. VL By Jorge Rivas, Fusion (4 minute read)  Joel Cervantes Macias says he took this now-famous picture of the 89-year-old popsicle vendor because he saw an “elderly man struggling to push his paleta cart.” “I respect this man to the fullest,” Cervantes wrote

Wednesday, September 14th, 2016

New Census data show strong 2015 earnings with Latinos seeing fastest growth

*The good news? That Latino earnings are up to $62,950. The bad? That 28.9 percent of Latinos younger than 18 live in poverty. VL By Valerie Wilson, Economic Policy Institute (7 minute read) Today’s Census Bureau report...

Friday, September 2nd, 2016

Latino unemployment rose slightly in August

Victor Landa, NewsTaco There was more riding on today’s unemployment numbers than in months past. The Bureau of Labor Statistics tell us that we’ve just been through two of the biggest jobs growth months in years. June...

Monday, August 8th, 2016

Jobs Report: Latino Unemployment Rate Falls in July

*Latino unemployment dropped from 5.8 to 5.4 percent. VL By Brian Latimer, NBC News July surpassed expectations for job growth in the U.S., and although the national unemployment rate stayed the same, the Latino labor force saw...

Thursday, June 2nd, 2016

Banks’ Embrace of Jumbo Mortgages Means Fewer Loans for Blacks, Hispanics

*This is the kind of story that tends to fly under the radar. Banks now have a preference for “jumbo” mortgages, those for more than $417,000. They are less of a risk but federal law says banks must...

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...

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...

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