Young Latinos Have Quickest Rebound After Recession
*Certainly good news, but,wow, 16 percent of 18 and 19 year-old Latinos were neither in school nor working in 2014. Unemployment for young Latinos is 19 percent; it was 32 percent from 2010 to 2014. As the nation recovered after the Great Recession, Latinos had more ground to gain. VL
By Emily Deruy, National Journal
Young Latinos are bouncing back quicker than everyone else from theeconomic collapse of the Great Recession. According to a recent Pew Research Center study, the share of 18- and 19-year-old Latinos who were not working and not in school fell to a “historic low” of 16 percent in 2014. Not only is the share of Latino “disconnected youth” shrinking, the figure represents an unusual bright spot.
[pullquote]Many young Latinos today have grown up in the U.S. and progressed through the public school system and pursued college as a logical next step, where higher education may not have been feasible for their parents.[/pullquote]
By contrast, the share of black young people who are not working and not attending school has remained relatively constant over the past decade, while the rate for whites has dropped slightly in the past couple of years but remains above pre-recession levels.
“Hispanics were disproportionately impacted by the recession,” Jens Manuel Krogstad, one of the authors of the Pew analysis, said, “so as the economy recovered, Hispanics stood more to gain.”
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[Photo courtesy of San Mateo County ARE]