The sectors or industries that are benefiting the most are transportation, pharmaceuticals, computers, scientific and professional equipment. (Credit: Billyfoto | Dreamstime.com)
“At the height of the pandemic, Latinos were more likely to lose their jobs, more likely to work in front-line positions that increased their risk of exposure, and had among the highest mortality rates. Latino unemployment peaked at nearly 19% in 2020.
Over the pandemic and recovery, the median growth rate in revenues was 25% for Latino employers. From 2019 to 2022, median weekly earnings increased 2.4% for Latino workers after accounting for inflation. At the same time, Latino unemployment hit a record low last September.”