Tuesday, 9th June 2009

50+ Hispanic Workers: A Growing Segment of the U.S. Workforce

50+ Hispanic Workers: A Growing Segment of the U.S. Workforce
Source: AARP Police & Research

Hispanics represent one of the fastest growing segments of the older population, and thus could be an important target for employer efforts to attract and retain older workers. This report examines older Hispanic workers and the contributions they make to employers and the economy. It describes the older Hispanic population and documents the work experiences of older Hispanics—the number and share that are employed, where they work, and how much they earn—and their attitudes toward work.

The portrait of older Hispanic workers that emerges from this overview shows a group that should appeal to many employers, yet faces significant labor market challenges. Older Hispanics participate in the labor force at relatively high rates and work in a wide range of occupations and industries, although Hispanic men are disproportionately represented in construction. Survey results for older Hispanic workers indicate that they are dependable, in that they rarely miss work. The vast majority report that they enjoy their jobs, suggesting that they are engaged and productive employees. Many are also fluent in English as well as Spanish, which makes them valuable employees to companies hoping to benefit from the purchasing power of the growing Hispanic market.

Nonetheless, many older Hispanics face substantial challenges in the workplace. They earn low wages and few benefits. In fact, their relatively strong attendance records may partially reflect an inability to afford time off due to lower wages and less access to paid leave. They also tend to work in physically demanding jobs that are often difficult to maintain into later life. Finally, the 2007-2009 recession, which has reduced employment rates and earnings for all groups, has hit older Hispanics especially hard.

+ Full Report (PDF; 585 KB)

Category:

• Age and Aging (DocuTicker)
• Business and economics (DocuTicker)
• Ethnic (DocuTicker)
• Labor (DocuTicker)

Source:

• AARP Research Center

Views: 756

Please note: DocuTicker's editors collect citations for full-text PDF reports freely available on the web but we do not archive these reports. When you click a link to find and/or download the report, you are leaving the DocuTicker site. DocuTicker makes no representations regarding the ongoing availability of any report or any external resource. Links were accurate as of the date of posting.

FreePint

FreePint supports the value of information in the enterprise. Read more »

Latest FreePint Articles:

• Mobile Strategy in the Investments Business
  Tuesday, 21st May 2013

  Carlos Ramon of retirement investments provider VALIC tells FreePint how the company developed a mobile app to allow its customers to check their fund positions, get news updates and contact their financial adviser. He also provides valuable tips for other organisations considering their own mobile strategy, whether for smartphones or tablets.

• Webinar Will Bring Big Data Down to Size
  Monday, 20th May 2013

  Find out more about FreePint's Webinar: Big Data in Action: Plain Language, Practical Guidance and don't forget to register for the free event. It's a great opportunity to find out more about big data from four technology and service companies in the sector: Attunity, Connotate, Linguamatics and Opera Solutions.

• Question Time for Thomson Reuters and PLC's Top Team
  Monday, 20th May 2013

  Robin Neidorf meets up with key members of Thomson Reuters and PLC's senior management team to quiz them about the role of PLC in Thomson Reuters' plans for the US legal market - and to find out more about Thomson Reuters' approach to the legal market worldwide.

• ... more ...

All Family Articles »
Family Articles by Category »

A FreePint Subscription delivers articles and reports that support your organisation's information practice, content and strategy.

Start the conversation about a subscription by
completing our online form: "How can FreePint help?"

FreePint Testimonials

"This report will be of great value to me as I meet with the managing partner in the near future to discuss the budget. It is one of the ..."

Read more testimonials and supply yours »