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Hispanic Americans, the largest minority group in the United States, rise faster compared to the other racial groups in the country and are now enjoying the American dream.

The Hispanic American group is the largest minority in the country. According to the Pew Research Center, the Hispanic population in the country has reached 60.6 million in 2019, which saw an increase of over 930,000 from the previous year. Their growth has helped the economy in the country amid the pandemic. 

Higher incomes lead to better lifestyle

In an article in BNN Bloomberg, research found out that the income growth of the Hispanics in the country rise faster compared to other racial groups. They even outpaced the African-Americans and the White Americans. 

Moreover, the rapid income growth boosts more Hispanics into the middle class and has helped them to raise their standard of living. This also allowed them to create a widespread feeling of upward mobility within their community.

Among the factors in this growth is the end of mass migration in Latin America. Throughout the years, Mexico has has contributed many immigrants to the US, but their numbers started to decrease since 2007.

On the brighter side, the end of mass migration from Mexico directly affected the average income for Hispanics, according to Independent Sentinel. The average salary for a household has risen, as the upward mobility of the second generation became more apparent.

In addition to that, economists Raj Chetty, Nathaniel Hendren, Maggie Jones, and Sonya Porter said: "Hispanic Americans are moving up significantly in the income distribution across generations ... and may close most of the gap between their incomes and those of whites."

There are other reports as well that found similar results. Specifically, they suggest that the economic gaps between Hispanics and Americans are finally closing.

This is promising for the Hispanic community, who were also badly-hit amid the coronavirus pandemic that is currently plaguing the US.

Affordable education plays a vital role

There are many reasons why Hispanics are becoming more significant in the country.

One of the contributing factors seen is the access of Hispanic kids in getting affordable education. In fact, Hispanic college enrollment rates have surpassed those of Whites in 2012. 

Thirty percent of Hispanic college students dropped out in 2000, but it was only 10 percent in 2016. Just like other racial groups in the country, Hispanics are using education as their ladder in going towards the middle class and have a comfortable life in the country. 

Hispanic Americans in the country are seizing their opportunities for better education and high-paying jobs, which eventually improves their quality of life in the US.

Earlier this year, Latin Post reported that more Hispanics are opening small businesses across the country compared to other groups. 

However, despite the significant presence of Hispanics in the country, there is still one huge problem that the largest minority group continues to encounter: racial discrimination. Most of the time, they are not given an equal chance to easily get a job or be promoted in their workplace.

Pres. Donald Trump released an order recently that ends racial discrimination within the workplace. The executive order prevents agencies from taking part in training which may be classified as 'divisive.'

This order also criticizes government officials who teach white privilege, unconscious bias, and teach critical race theory.

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