馃殌 Outworking the Average
Hispanics are 10x more employable than non-Hispanics, driving a 69% worker surge since 2003.
Even at advanced degrees, US Latinos outpace the national average.
When we talk about Latinos in the United States, what comes to mind?
Fintech creators in Silicon Valley? Day laborers looking for work in front of Home Depot? Realtors across Miami-Dade County?
Whichever of these you thought of first, there鈥檚 no denying that, with their nearly $4T contribution to GDP, Latinos form a crucial part of the modern US economy鈥攏o matter what anyone tries to argue. In fact, at every age range and educational level, they actually are more employable than the average US citizen of any descent.
This fact may surprise those who still think of Hispanics in the US as exclusively pool cleaners, cooks, maids, or construction workers. In reality, a combination of versatility, bilingualism, youthfulness, and higher labor participation by women have driven this community鈥檚 ascent, including even in the highest-educated and most economically dynamic industries.
Given this, it鈥檚 little wonder that between 2003-2023, the number of Latino workers in the US grew by a staggering 69%, a rate that鈥檚 over 10x faster than within the non-Hispanic population.
And this labor success is unlikely to change anytime soon, given that changing demographics have led the US Census Bureau to predict that over a quarter of the national population will be Hispanic or Latino by the year 2060.
When it comes to your industry, are there high-potential, high-working Latinos being overlooked from leadership positions due to strict education requirements for roles?