Why Are Latinos Leading Blacks In The Job Market?
By Roger O. Crockett in Chicago March 15, 2004 Copyright © 2004 The McGraw-Hill Companies Inc. All rights reserved. BUSINESSWEEK The booming Hispanic labor force turns out to have an unexpected side effect: Latinos are outperforming blacks in the job market. Part of the reason stems from the fact that many Hispanics have less education or are vulnerable illegal immigrants willing to work for less pay. Economic and cultural factors play a role, too, say some experts, such as Latino immigrants’ higher willingness to change cities to find a job. Add it up, and “many are hired to do work that blacks once had,” says the Reverend Jesse Jackson. No question, Latinos have fared better in the job market recently. Despite the recession and the jobless recovery, their employment has surged by 27% since 1999, to 17.4 million last year, according to the Bureau of Labor Statistics (charts). Meanwhile, the number of employed blacks fell by 400,000 over this period, to 14.7 million. True, the Hispanic
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