Latinos in America Today: economics

More from the Latin Donor Collaborative report, today about economics:

Latinos are significantly more likely to be actively working or seeking work than non-Latinos. The U.S. Latino labor force participation (LFP) is 67.4 percent, five percentage points higher than non-Latino. Despite being only 18 percent of the U.S. population, Latinos are responsible for 82 percent of the growth of the U.S. labor force since the Financial Crisis.

Whereas the U.S. has average income growth of. just 4.7 percent over the past five years, income growth for Latinos has averaged 8.6 percent. U.S. Latinos enjoyed income growth of 14 percent in 2018.

Home-owning: Beginning in 2013, Latino growth of home ownership accelerated rapidly and grew by seven percent in 2017 alone. Meanwhile non-Latinos saw declining rates of homeownership from the earliest days of the financial crisis all the way through 2014. Although home ownership among non Latinos has begun to grow again, growth has remained belowtwo percent from 2015 to 2017.

However, home ownership among non-White Latinos has persistently been lower than Whites and Non-Latino other (from here)

Also, Latinos are far less wealthy than Whites: (from here):

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