Study Finds Latinos Key to Economic Recovery

The report ponders that Latinos will be fundamental to the recovery after the pandemic, given that they currently represent the 17. 6% of the country’s labor force and are expected to become the 28% of the population for 2060

Photo: Kate Cimini / The Salinas Californian / Courtesy

Although Latinos are fundamental in the process of the country’s economic reconstruction, experts assure that this sector of the US population requires a development of their digital skills that would guarantee them better job growth, detailed a Aspen Institute report.

Domenika Lync, executive director of the Latinos and Society Program at the Aspen institute stated that “between 2010 Y 2015 Latinos were the cause of 82% of growth in the US workforce ”, a figure that reflects the potential of the community in the economic development of the United States.

With the arrival of the pandemic and the generalization of remote work, digital skills have been prioritized in the labor market, so this topic is agreat area of ​​opportunity for the entire Latino community , detailed the Aspen Institute study.

In this sense, the study proposes that it is crucial to plan from now on, to keep in mind what the employment requirements will be in the future and thus the Latino community throughout the country avoid a lag behind other racial ethnicities .

In addition, the report ponders that Latinos will be essential for the recovery after the pandemic , since they currently represent the 17. 6% of the country’s labor force and are expected to become the 28% of the population for 2060.

Despite this projection, it is highlighted that the improvement of the labor skills of Latinos “Should be a priority as digital training becomes essential for business owners and employees and automation eliminates some jobs and creates new technology-dependent roles. ”

According to a report by EFE, the expert Héctor Mujica, member of the Economic Opportunity Lead at Google, pointed out that Latinos own the 14% of all businesses in the nation and “still disproportionately affected by mismatches of jobs and business closings due to the pandemic. ”

Under these parameters, the Latino community throughout the country has before it a huge setback that it must face in the short and medium , term since the characteristics and labor needs in companies have radically changed in companies, do not go with this trend would be a problem of enormous dimensions .

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