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LatinosNJ.com - New Jersey News, Local, National, International, Latin America, Caribbean

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Nov 21st
Home arrow News arrow Business arrow Pew Hispanic Center to release report on impact of economic slowdown on Latino workers
Pew Hispanic Center to release report on impact of economic slowdown on Latino workers PDF Print E-mail
Monday, 02 June 2008

By LatinosNJ.com

On Wednesday, the Pew Hispanic Center will release a report on the impact of the economic slowdown on Latino workers.

In a release, the center stated: "Using data through the first quarter of 2008, the report finds the economic downturn having a disproportionate impact on Hispanic workers. From an historic low in late 2006, the unemployment rate for Latinos rose sharply in 2007 and currently stands well above the rate for non-Latinos.
 
"Immigrant Hispanics, especially Mexican immigrants and recent arrivals, have been hurt the most by the slump in the construction industry. Weekly earnings for most groups of Hispanic workers, particularly construction workers, also slipped backward in the past year. There are no signs Latino immigrants are leaving the U.S. labor market but they now play a smaller role in the growth of the Hispanic workforce than in recent years."

 





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