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UPR BPOP lab

Michelle Kantrow May 16, 2024
A student demonstrates the use of Bloomberg terminals to Popular Inc. CEO Ignacio Álvarez in the new finance laboratory at the University of Puerto Rico’s Río Piedras campus.

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QUOTE OF THE WEEK SPONSORED BY:

“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.”

 

— U.S. Treasury Department

 

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