Americans often think of lawsuit abuse as a problem associated with larger businesses. But small businesses bear a large portion of the lawsuit burden in the United States. According to the Small Business Administration, small businesses create 64% of new jobs in America, and yet, frivolous lawsuits cost small businesses collectively over $100 billion in […]
Comentarios from Maria Cardona: “GOP played Keystone card, lost”
January 23, 2012 By
If you missed the press conference after the State Department announcement that the Keystone XL pipeline had been canceled, you missed a heck of a show. House Speaker John Boehner was mad. And the Republican lawmakers behind him were furious. Over and over, Boehner and the gang asked angrily “What happened?” knowing full well that […]
Trabajadoras Campaign: Empowering & Protecting Latinas at Work
January 20, 2012 By
To enhance focus on the needs of Latina women in the U.S., the Labor Council for Latin American Advancement (LCLAA) has announced the start of a campaign entitled “Trabajadoras.” The mission of this campaign is to raise awareness about how Latina women fare in U.S. society. This campaign combines research, policy, advocacy and mobilization around […]
Countrywide Agrees to Pay $335M in Landmark Case over Discriminatory Lending Practices Against Latinos
December 23, 2011 By
In the largest residential fair-lending settlement in history, Bank of America’s Countrywide Financial Corporation has agreed to pay $335 million to settle a dispute over allegations of systemic discrimination against qualified Latino and African-American borrowers. Latinos made up about two-thirds of the cases investigated by the Department of Justice, which reviewed over 200,000 cases across 41 […]
U.S.-Mexico Border Arrests Drop to Lowest Level in Decades
December 13, 2011 By
The number of undocumented immigrants apprehended at the U.S.-Mexico border in the past fiscal year dropped to the lowest it’s been since the 1970s. According to statistics from the Department of Homeland Security released in late November, the total number of apprehensions, 327,577, is 53.5% lower than it was in 2008. The peak was in 2000, when 1.6 million […]
Latino Unemployment Remains High even as Overall Unemployment Rate Drops to Two-Year Low
December 5, 2011 By
The number of jobless Latinos remained high despite an overall decline in the national unemployment rate to a two-year low. The unemployment rate for Latinos remained unchanged at 11.4% between October and November, while the national unemployment rate dropped from 9% to 8.6% in November, the lowest it’s been since March 2009, according to the […]
Economic Concerns Cause Sharp Drop in Latino Birth Rates
November 30, 2011 By
The birth rate among Latinos decreased by 11% since 2007, according to preliminary 2010 data released earlier this month. The decline is attributed to the dwindled economy and a general downward fertility trend in the U.S. Last year, less than 1 million babies were born to Latinos. The National Center for Health Statistics reports that […]
Majority of New Homeowners in U.S. are Latino
November 29, 2011 By
More than half of new homeowners in the U.S. are Latino, according to new Census data for the third quarter. Accounting for 53% of new households, the number of Latino owner-occupiers increased from 6.21 million in the second quarter to 6.49 million in the third quarter. Latinos are taking advantage of low prices in the housing market, […]
Latinos Key Contributors to Chicago’s Economy
November 16, 2011 By
A new report found that Chicago’s local Latino population is a vital contributor to the local economy. The report, “The State of Latino Chicago 201: The New Equation”, by the University of Notre Dame’s Institute for Latino Studies concluded that Latinos contribute almost $1.2 billion more in tax revenues than they cost in the delivery […]
STUDY: Latinos Rank Lowest in Saving for Retirement
October 31, 2011 By
According to a recent study, U.S. Latinos are the least likely group to save money in retirement savings accounts like 401(k)s and only 10% have individual retirement accounts. As discussed in a segment on National Public Radio, retirement for the 50 million Latinos in this country is not looking good. While some speculate that low […]
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