Latinos Will Continue to Impact the U.S. Labor Market

by Gonzales Group

Is your organization ready for the statistical implications of what the 2010 U.S. Census will bring?

One thing is certain, the 2010 census will confirm what you already are experiencing in your local community; a sweeping demographic change transforming the role of Latinos in the American labor market.

Consider the following U.S. Census facts:

• Latinos in 2008 comprised 15% of the nation’s population, but constituted 22% of workers today. That Latinos are almost a decade younger than the population at large means that Hispanics and Latin American immigrants, disproportionately, are of working age, either leaving college and entering the workforce, or well on their way to establishing their careers;
• Latinos by 2050 will represent 32% of the nation’s population, but will comprise 55% of workers. As America’s baby-boomers and Generation X-ers mature and retire, Hispanic native born and Latin American immigrants alike, will dominate the workforce.

These demographic changes reflect the impact that Latinos will continue to have in the American labor market.