IHS study 75 percent of jobs added go to Hispanics by 2034, Citizen Wells news flash, They already are!, 75% of Obama jobs added went to Hispanics/Latinos
“Of the approx. 6 million new employments since Obama took office in January 2009, 4,511,000, 75 percent, were Hispanic/Latino!”…Citizen Wells
“In today’s labor market, there are nearly 1 million “missing” young workers—potential workers who are neither employed nor actively seeking work (and are thus not counted in the unemployment rate) because job opportunities remain so scarce. If these missing workers were in the labor market looking for work, the unemployment rate of workers under age 25 would be 18.1 percent instead of 14.5 percent.”…Economic Policy Institute May 1, 2014
“Freedom is the freedom to say that two plus two make four. If that is granted, all else follows.”…George Orwell, “1984″
I’ve got a news flash for IHS and Americans.
75 percent of Obama jobs, since he took office in January 2009, went to Hispanics and Latinos.
Straight from the US Labor Department.
This is one of the reasons millennials are hurting.
From IHS February 24, 2015.
“Hispanics Will Account for More Than 40 Percent of the Increase in U.S. Employment in the Next Five Years, IHS Study Says
Share of job growth will rise to more than 75 percent from 2020 to 2034”
“The Hispanic population will play an increasingly significant role in future U.S. employment growth, accounting for more than 40 percent of growth in the next five years and more than 75 percent between 2020 and 2034 – an increase of 11 million jobs out of an economy-wide gain of 14 million –according to a new study from IHS Inc. (NYSE: IHS), a leading global source of critical information and insight.
The IHS study, Hispanic Immigration and U.S. Economic Growth, projects that Hispanic employment growth will average 2.6 percent per year over the next 20 years. At the same time, growth of the non-Hispanic working age population will slow to near zero, and new non-Hispanic entrants to the labor force will barely offset retiring Baby Boomers. As a result, the Hispanic share of total U.S. employment will rise from 16 percent in 2014 to 23 percent in 2034.
Other key findings include:
- Immigration will play a key role in future U.S. employment growth. By 2020, labor force growth is expected to slow to the point that the annual change in the labor force is roughly equal to the amount of net migration.
- Despite a generally positive long-term economic outlook for Latin American countries, the U.N. projects continuing net outmigration from the 10 Latin American countries and Puerto Rico that are the primary countries of origin of the foreign-born U.S. Hispanic population.
- According to U.S. Census Bureau assumptions about future Hispanic net international migration, the number of foreign born Hispanics will grow from 22 million in 2014 to over 29 million in 2034, and the foreign-born share of the Hispanic population will fall slowly over this period – from 39.7% to 34.8%.
- The number of Hispanics that speak Spanish in the home will rise from 36.9 million in 2014 to 55.4 million in 2034.
- Higher levels of immigration are conducive to stronger U.S. economic growth, and there are credible scenarios for higher levels of Hispanic immigration than assumed in the study’s baseline forecast.”