Hispanic Community: Future of American Workforce
The quality of education is very important because it helps to shape the future of a country. Schools giving quality education could possibly produce quality products that can share valuable contributions to the workforce.
During the Hispanic Leadership Summit sponsored by We Are All Human and spearheaded by its founder Claudio Romo, the summit produced surprising data that ensure the country's well-educated workforce in the future.
The data presented in the summit is pointing towards the next demographic revolution that the U.S. will be experiencing through Hispanics. Vice President of Hispanic Market Insights for Nielsens, Stacie De Armas, supported the presented data.
According to Forbes, Stacie De Armas said that the demographic revolution only occurs every 70 years and the last time it happened was during the generation of the Baby Boomers. The only difference this time is it will involve more from the Latinx community. This means that with the growing population of the Hispanics in the country, there is a need to understand the expansive diversity that exists within the group to attract, retain, and fully engage them in the years to come.
In 2017, the Pew Research Center found out that there are nearly 60 million Latinos and Hispanics living in the country. Hispanics and Latinos are approximately 18 percent of the total population of the country. Pew Research Center also said that they are the youngest ethnic and racial group in U.S. Moreover, as highlighted by the recent Nielsen report that Hispanics account for 75 percent of the U.S. labor workforce over the last six years.
This means that with the booming number of Hispanics in the country, it is expected that 10 years from now or by 2030 there will be a large influx of young Hispanics who will be entering both higher education institutions and the workforce. However, according to also to a preview presented by Richard Edelman from Edelman Trust Barometer that Hispanicson a 2:1 ratio feel that the system is failing them.
Education is very important for Hispanics but access to education is not easy for them. De Armas presented in the summit that around 72 percent of Hispanic high school graduates were enrolled in college after their high school graduation. Though more than half of these students will enroll in a college community to become skilled labor.
However, it is very important not only to look for education but also to the changing working environment in the years to come. Work-force will be more on automation, artificial intelligence, digital work and more. This means that Hispanics who are expected to be the major workforce in the future should not be left behind in terms of training that they need in the future.
The summit's core discussion was about how to mentor the Hispanics and help guide the upcoming generation. The importance of Science, Technology, Engineering, Arts, and Mathematics (STEAM) apprenticeships and internships were also discussed. It can be recalled that during the Hispanic heritage month, thousands of higher education students celebrated the success of Latina engineers and those who excelled in STEAM.
It is therefore important that Hispanic students be bridged towards the four-year universities and colleges. Most of all, they should feel that they are not discriminated in terms of opportunities in education.
Meanwhile, many of the companies signed The Hispanic Promise that was launched during the World Economic Forum 2019. This will help to hire, promote, retain, and celebrate Latinx and Hispanics in the workplace.
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