After working on Latino economic advancement by producing events, reports, and other programming for more than a year, the Institute’s Latinos and Society Program knows that Latinos are essential to the US economy. Despite this progress, major disparities in the economic mobility between Latinos and non-Latinos persist.
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| Sales that Latino firms generate, versus what they would generate if on par with the average non-Latino-owned business, create a $1.38 trillion opportunity gap for the US economy. | Latino GDP in the United States is $2.13 trillion—if that were a nation’s economy, it would be the seventh-largest in the world. |
Latinos start businesses at three times the rate of the rest of the US population. | One out of every two new workers entering the labor force by 2025 will be Latino. |