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03-22-2012, 09:04 AM #1working4changeGuest
Latinos Saw Higher Job Growth than General Population, Says Study
Latinos Saw Higher Job Growth than General Population, Says Study
Written By Elizabeth Llorente
Published March 21, 2012
Fox News Latino
AP
Hispanics and Asians saw more job growth than other groups, largely due to their higher population growth, says a new Pew Research Center study.
The study looked at jobs recovery and demographic trends from 2009 to 2011.
Employed Hispanics rose from 19.5 million in the fourth quarter of 2009 to 20.7 million in the fourth quarter of 2011, an increase of 6.5 percent, the study said. The number of employed Asians grew from 6.7 million to 7.2 million, or by 6.8 percent.
For non-Hispanic whites, employment rose from 95.4 million to 96.4 million, or 1.1 percent. For non-Hispanic blacks, it rose from 14.3 million to 14.6 million, or more than 2 percent.
Number of Latinos with College Degrees Soars 80%
The report said that Hispanic and Asian employment levels “are higher now than just before the start of the Great Recession in December 2007, a milestone not yet reached by white and black workers.”
“The disparate trends in the jobs recovery from 2009 to 2011 reflect the rapidly changing demographics of the American workforce,” the report said. “The slower rate of jobs growth for whites and blacks reflects the relatively slow growth in their populations. Thus, the share of each group’s population that is employed, the employment rate, has barely risen since the end of the recession.”
The recession rocked the nation, sending employment plummeting from 145.8 million in the fourth quarter of 2007, to a low of 138.1 million by the fourth quarter of 2009.
Employment then rebounded, rising to 141.2 million, a gain of 2.3 percent.
The study notes that just a handful of industries accounted for the job gains.
For Hispanics, the leading source of their employment gain occurred in the hospitality sector -- including eating, drinking and lodging services -- which accounted for more 300,000 jobs for Latinos, the study said.
Construction accounted for more than 100,000 jobs for Latinos, the study added.
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03-22-2012, 09:07 AM #2working4changeGuest
Social & Demographic Trends
The Demographics of the Jobs Recovery
Employment Gains by Race, Ethnicity, Gender and Nativity
March 21, 2012
The steep, two-year decline in employment triggered by the Great Recession was followed by slow but steady gains in employment for all groups of workers. However, the rapidly changing demographics of the American workforce has meant that the gains in jobs have varied across different groups.
Hispanics and Asians experienced a faster rate of growth in jobs than other groups. Their employment levels are higher now than just before the start of the recession in December 2007, a milestone not yet reached by white and black workers.
The story is the same when one looks at the jobs recovery for immigrants and native-born workers. Immigrants, the vast majority of whom are Hispanic or Asian, are experiencing a faster rate of growth in employment than are native-born workers. This difference is also roughly in line with the difference in the growth in their working-age populations during the recovery.
Although jobs growth for Hispanics and Asians was more rapid than for other groups, it merely
kept pace with the growth in their working-age (ages 16 and older) populations. The slower rate
of jobs growth for whites and blacks reflects the relatively slow growth in their populations.
Thus, the share of each group's population that is employed, the employment rate, has barely
risen since the end of the recession.
Read the full report which includes these sections:
An overview of employment gains during the economic recovery
The economic recovery for Hispanics and non-Hispanics
The economic recovery for native-born and foreign-born workers
The economic recovery for men and women
The shortfall in the employment level
http://pewresearch.org/assets/publications/2225-1.png
The story is the same when one looks at the jobs recovery for immigrants and native-born workers. Immigrants, the vast majority of whom are Hispanic or Asian, are experiencing a faster rate of growth in employment than are native-born workers. This difference is also roughly in line with the difference in the growth in their working-age populations during the recovery.For Hispanics, the recovery has raised employment from 19.5 million in the fourth quarter of 2009 to 20.7 million in the fourth quarter of 2011, an increase of 6.5%. For Asians, employment increased from 6.7 million to 7.2 million, or by 6.8%. Gains are smaller for whites, from 95.4 million to 96.4 million (1.1%), and blacks, from 14.3 million to 14.6 million (2.2%).3
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03-22-2012, 09:56 AM #3For Hispanics, the leading source of their employment gain occurred in the hospitality sector -- including eating, drinking and lodging services -- which accounted for more 300,000 jobs for Latinos, the study said.
Construction accounted for more than 100,000 jobs for Latinos, the study added.
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