Archive for the ‘immigrant’ Category
Friday, January 15th, 2010
Hispanics have traditionally trailed behind other groups when it comes to Internet use, but according to a recent Pew Hispanic report, they are closing the gap.
From 2006-2008, Internet use among Latino adults rose 10 percent, compared to four percent for whites and only two percent for Afro-Americans. Much of this growth in use is by Latino adults not traditionally known for Internet use, such as the foreign-born, those without high-school diplomas or with household incomes under $30,000. Along with the increase in use, broadband access has also risen, and mobile Web browsing remains stronger among Hispanics than for other ethnicities.
Internet use grew from 54 to 64 percent among Hispanics from 2006-2008. They are now as likely as African-Americans to be online, though both groups still lag behind non-Hispanic whites.
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Tags: culture, Hispanic, HispanicPR, Internet, Latino, mobile, Mobile Web, Spanish
Posted in Hispanic, HispanicPR, Internet, Mobile Web, Pew Hispanic, culture, immigrant, mobile | No Comments »
Friday, January 8th, 2010
In addition to being the largest minority group in the U.S., Hispanics are the youngest as well. The median age for Hispanics in the U.S. is 27, and Hispanic children are one of the fastest-growing demographics in the country.
A recent study from the Pew Hispanic Center shows that today’s Hispanic youth maintain strong links to their family’s roots and language, yet also place a high priority on success in America.
The Pew Center looked at Hispanic youth ages 16-25 and found a significant change had occurred over the last decade. In 1995, half of Latino youth were immigrants. Now, second-generation Americans, U.S.-born children of immigrant parents, are the largest percentage of Latino youth. They now make up 37 percent, while foreign-born immigrants make up 34 percent. Third-generation and higher youth, the children of American parents, make up the smaller group, 29 percent.
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Tags: Acculturation, Assimilation, Census, culture, HispanicPR, immigrant, language, Latino, Pew Hispanic, Population, Tradition, Youth
Posted in Acculturation, Assimilation, Census, Hispanic, Hispanic 101, HispanicPR, Latino, Pew Hispanic, Population, Tradition, Youth, culture, immigrant, language | No Comments »
Thursday, December 17th, 2009
Hispanic business owners are an important part of the Hispanic market. Census research has shown Hispanic-owned businesses are growing at three times the national average. The latest figures show that one of every ten businesses in America is run by a Latino. By 2010, it’s predicted that there will be 3.2 million Hispanic-owned firms in the U.S., altogether generating $465 billion annually.
The majority of these are small businesses with annual revenues under $250,000. They range from local restaurants, to hair salons, construction companies, and mechanics. Such businesses are key to the growth of the Hispanic middle class.
Then there are some 1,500 larger firms estimated to have 100 employees or more, manufacturers and large-scale construction contractors, chains of Hispanic-related grocery stores, and firms with real estate holdings in the U.S. and possibly Latin America. Altogether, these businesses generate about $42 billion annually in gross revenue. Many are started from scratch, with borrowed money or foreign capital.
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Tags: Business, Census, census bureau, entrepreneur, Hewlett-Packard, Hispanic, HispanicPR, immigrant, Latino, Palladium Equity Partners, private equity
Posted in Affluent, Brand, Business, Census, Hewlett-Packard, Hispanic, Hispanic 101, HispanicPR, Latino, Palladium Equity Partners, bicultural, census bureau, culture, entrepreneur, immigrant, private equity | 5 Comments »
Thursday, December 10th, 2009
Hispanics are more active than the general population in almost every category of mobile phone activity, whether it’s talking, texting, downloading, or browsing the Web. Compared to the general market, Hispanics use more minutes and own more phones despite having generally lower incomes. It’s been found that 87% of Hispanic households have multiple mobile phones, and use them more than any other form of personal or handheld technologies on the market today.
Age is one important factor in explaining the high use of mobile among Hispanics. Hispanics are the youngest segment of the American population, with an average age nine years younger than the average for Americans overall (27.2 versus 36.2.). Currently, 58% of America’s K-12 grade students are non-white minorities, and of that group, the largest minority is Hispanics.
Besides age, another important factor is the strong presence of mobile technology in Latin America. 40% of the Hispanic population in the U.S. is foreign-born, and in most Latin American nations, as in much of the world, mobile phones are becoming more common than landline phones.
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Tags: AT&T, culture, Hispanic, HispanicPR, Latino, mobile, mobile communications, Population
Posted in AT&T, Census, Hispanic, HispanicPR, Latino, communications, culture, immigrant, language, mobile | 7 Comments »
Wednesday, December 2nd, 2009
In trying to understand the Hispanic population in the U.S., knowledge of the Mexican and Mexican-American population is essential. Despite our country’s many Latino ethnicities, the influence of Mexico remains stronger than any other country.
More than six in ten U.S. Hispanics are of Mexican origin. The Pew Hispanic Center estimates that there are nearly 30 million Hispanics of Mexican origin living here. After Mexicans, the other nine largest Hispanic groups make up only a third of U.S. Hispanics.
Mexican-Americans are often assumed to be immigrants, and for good reason: no other country in the world currently has as many immigrants in total as the U.S. has from Mexico alone. The current amount of Mexican immigrants living in the U.S. (32%) is the highest concentration of immigrants in the U.S. from one country since the late 19th century, when the Irish made up a third of the country’s immigrant population.
Yet, contrary to popular belief, the majority of Mexicans in the U.S. are native-born. In fact, Mexican-Americans have one of the lowest rates of foreign birth of all Latinos; less than 40% are born outside the U.S.
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Tags: culture, Hispanic, HispanicPR, immigrant, Latino, Mexican, Population
Posted in Hispanic, Hispanic 101, HispanicPR, Mexican, culture, immigrant | 4 Comments »
Friday, October 23rd, 2009
When it comes to personal finance, the Hispanic population has some unique characteristics which have distinguished their experience of the recession from that of other groups.
Overall, Hispanics are less connected to banks and credit cards than the general population. Thus, they haven’t been as affected in losses to their 401(k)s and investments, nor have they incurred as much credit card debt. However, the other side of being disconnected from banks is that Hispanics typically have less money saved for retirement, which has many elderly Hispanics anxious about their future.
A study by Synovate found that only 77% of Hispanics have bank accounts, compared to 98% of the general population. One theory is that Hispanics use banks less because they don’t trust them as much as the rest of the population. Many Hispanic immigrants come from countries where banks were unstable due to fluctuating economies, and that history leads them to rely on cash.
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Tags: banking, Buying power, Credit cards, finances, Hispanic, HispanicPR, recession, retirement, saving, spending
Posted in Buying power, Credit cards, Hispanic, HispanicPR, banking, finances, immigrant, recession, retirement, saving, spending | 12 Comments »
Friday, October 2nd, 2009
The 2010 Census is expected to show an explosive growth in America’s Hispanic population over the last decade. When the Census Bureau compared the Hispanic population in 2000 and 2006, it found the population’s growth rate was nearly quadruple the rate of the overall U.S. population. Hispanics were responsible for half of all population growth in the country during that period.
The Census Bureau then projected that at that rate they would count approximately 47 million Hispanics living in the U.S. in the 2010 Census. Two years later, they increased their projection to over 49 million, or just over 16 percent of the American population. At their current rates of growth, Hispanics are likely to cause non-Hispanic whites to be the minority of the population before 2050.
Along with the anticipation of the next census’ findings, though, is the fear that Hispanics may be undercounted. The Census Bureau estimates that it missed close to a quarter of a million Hispanics in the 2000 Census. Other groups like NALEO, the National Association of Latino Elected Officials, have estimated that number at closer to a million.
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Tags: 2010, Census, census bureau, growth, Hispanic, HispanicPR, immigrant, Latino, NALEO, Network, novela, Population, Spanish, Telemundo, telenovela, television
Posted in 2010, Census, Hispanic, HispanicPR, Latino, NALEO, Network, Population, Spanish, Telemundo, census bureau, culture, growth, immigrant, language, novela, telenovela, television | 4 Comments »