The 2022 LDC Fast Facts Poster is an engaging and informative summary that presents key data points showcasing the critical contributions of US Latinos across various sectors. This poster offers a snapshot of the dynamic impact that Latinos have on the American economy, workforce, and society, providing a quick reference for understanding their role in shaping the future of the United States.
Highlighted in the poster are several impressive statistics, such as Latinos making up 19% of the U.S. population but accounting for 36% of active duty service members, reflecting their deep commitment to serving the nation. Additionally, the poster emphasizes the significant entrepreneurial spirit within the Latino community, noting that Latino-owned businesses have grown by 35% over the past decade, compared to just 4.5% growth for non-Latino-owned businesses. This entrepreneurial drive is further reflected in the technology sector, where Latinos are equally as likely as their white counterparts to start tech companies.
The 2022 LDC Fast Facts Poster also highlights the steady increase in Latino homeownership, with a rate that reached 48.4% in 2021, up from 47.5% in 2019. This growth is consistent with the broader trend of economic mobility and educational attainment among Latinos, who are increasingly contributing to key industries such as beauty and automotive, where their influence continues to expand.
Moreover, the poster addresses the crucial role of Latinos in the labor force, especially during the pandemic, where they were essential in keeping the U.S. economy moving. The poster also highlights the younger demographic profile of Latinos, making them vital contributors to Social Security and Medicare as an aging U.S. population relies on these programs.
For a deeper understanding of these statistics and their implications, download the poster from the Latino Donor Collaborative website.