Economic Analysts Predict Latinos Will Account for 40 Percent of US Employment Increase Over Next 5 Years

*How do you know when the story of the transformational energy of the Latino community is gaining traction? When international investment strategists begin talking about it. VL

By Nicole Akoukou Thompson, Latino Post

Economic analysts are preparing the U.S. for a future where Latinos will account for more than 40 percent of the increase in U.S. employment.

According to IHS Economics, a global leader in long-term investments, information and analytics, over the next five years the Latino population will represent 40 percent of U.S. employment growth. Also, in an alternative, high-immigration scenario, whereby Hispanic immigration was much higher, IHS speculated that economic growth would be much more robust in the United States.

Dr. Steve Murdock, former director of the U.S. Census Bureau and founding director of the Hobby Center for the Study of Texas at Rice University, is one of many economic analysts to urge the public, policy makers and legislators to acknowledge Latinos’ growing presence in the U.S. workforce. The Latino population will play an increasingly significant role in U.S. employment growth segment due to the fact that the population fast-growing and younger than other groups.

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