Wednesday, November 11, 2015

Report: Latinos' Economic State Mixed, But Full of Potential

WASHINGTON, DC -- Among today's Latino population, there are signs of untapped potential as well as progress.

Three-quarters of those born in the U.S. have high school degrees compared to only half for foreign-born Hispanics, and Latinos are enrolling in college in greater numbers than any other group.

And while Latino purchasing power could reach $1.7 trillion in a few years, four-in-five Latino households have less than $10,000 in retirement savings, compared to half of white households who have more than $10,000.

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