The Latino unemployment rate is 7.8 percent in the U.S., based on July's report from the Department of Labor, but despite the rate's increase, Latinos remain optimistic about their economic future.
Ownership rate has fallen nearly 5 points since 2004 high The American dream of owning a home appears to be eroding, as fears from the recession linger and people are increasingly choosing to rent, according to a Reuters report.
Economists had predicted a much stronger month in residential building. Housing starts and residential building permits fell in June to the lowest rate since September, indicating the housing recovery may be slowing, according to a Reuters report on U.
European nations also considering sanctions against Russia. President Obama added more sanctions against Russia Wednesday. He targeted large banks and energy and defense firms.
Elderly people in Puerto Rico are going to have to start paying for leisure activities. Gov. Alejandro Garcia Padilla signed a law Thursday that eliminates the free passes to those who are 75 and up at public events.
President Barack Obama took a tough stance against Wall Street and the banking industry on Wednesday, calling for more regulation and a crackdown on banks that accept "big risks because the profit incentive and the bonus incentive is there for them."
Unemployment dropped to 6.1 percent, numbers not seen since 2008. The U. S. economy has seen unprecedented job growth this year and that will benefit both the economy and the unemployed if the trend continues.
The housing market continues its upward rise and will depend on both minorities and millenials. Six years since the economic downturn known as the Great Recession, the U.
Rep. Kevin McCarthy, R-Calif., the current House Republican whip, could be the next House Majority Leader after the "stunning" primary election defeat of Eric Cantor in the Virginia 7th District primary on Tuesday. McCarthy, who has already received Cantor's endorsement, has yet to confirm his intentions for the second-rank position in the House of Representatives, but he will need to deal with several hot-topic issues regularly being debated.
Miami-Dade County in Florida, which is 64.3 percent Latino, is experiencing tidal floods because of fossil fuel emissions and the effects of climate change and global warming. Henry Briceño, a geologist and professor at Florida International University's Southeast Environmental Research Center, is concerned about the rising sea level around Miami Beach, especially when, even on a sunny days, seawater flood through the gutters and storm drains.
Even with all of the discussions and debates among policy makers over the last few years about immigration reform and the continual deportation of the immigrant community, immigration isn't the most important issue to the Latinos. In fact, Latino leaders say they believe that the hard-eyed focus on immigration reform is "crowding out other issues facing the Latino community." So what really concerns Latinos?
Last month, the U.S. saw its unemployment rate drop to its lowest level since before the recession in 2008 as it went down from 6.7 percent in March to 6.3 percent.
The Puerto Rico government is aiming to persuade wealthy investors to invest in the U.S. territory at a two-day conference. The island has struggled to recover from a recession lasting almost eight years.
A study released earlier this week found that the wealthiest 1 percent in the nation continue to get wealthier as the gap in income inequality substantially increased during the course of three decades.
Evocative Latino brothels, erotic Asian massage parlors, and the merchandising of the female body online and offline are the foundation of the underground commercial sex industry in D.C. and Atlanta; stimulating the local economy. Pun intended.
Atlanta, Dallas, Denver, Kansas City, Miami, San Diego, Seattle, Washington, D.C were examined by researchers, in an attempt to discover the extent of the "underground sex economy," which includes not only prostitution, but also sex trafficking of adults and children and child pornography.
Entering its eighth year in recession, Puerto Rico has poured considerable effort and energy into better-positioning the capsizing economy. Puerto Rico's government has launched a website to attract ideas from citizens, asking them to submit ideas on how to reverse the U.S. territory's bleeding economy.
David Tawil of Maglan Capital, which owns some of Puerto Rico's debt, stated in an interview earlier in March that he believes the U.S. territory won't default, and that $2-3 billion of financing will quell the financial pressure. Puerto Rico has a deal of fruitful, robust double-digit returns on tax-free bases, but poorly-run finances have lead to its current economic status.
Advocates for the side of raising the minimum wage in the recent national debate are taking their cause on the road Monday as Americans United for Change kick off its "Give America a Raise" bus tour.
