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latinometrics OP t1_ireqlgy wrote

From 2010 to 2020, the GDP of US Latinos grew 65%. If they were their own country, it would be the 5th largest economy in the world. Latinos thriving in the US are a perfect example of how any race or culture can succeed under the right conditions.

While Latinos do have fantastic work ethics and productivity, the truth is that population growth rate also explains a lot. The Latino population grew +22% in that same 10-year period and reached 62M, compared to +4% for Non-Latinos. Almost one in five Americans are now Latino or Hispanic.

Still, here are a few other metrics that do point to Latinos being a force for development in the past decade:

  • Labor force: They represented 80% of additions to the labor force
  • Education: 2.8x faster growth in higher education graduates than Non-Latinos
  • Entrepreneurship: They accounted for 52% of all new employer businesses in the past decade.
  • Startups like Guatemalan-founded Duolingo and Brazilian-founded Brex have been now valued at several billions.

Still, there is work to be done. Latinos occupy only 4% of executive roles and less than 2% of US elected officials.

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Source: Latino Donor Collaborative's 2022 Report
Tools: Affinity Designer, Sheets, Rawgraphs

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atypicalAtom t1_ireu7k9 wrote

To do this for Latinos, I assume you had to do this for all other ethnic groups to make sure the total is not more than the US total. Where do the other ethnic groups fall?

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857477459 t1_irev8jk wrote

Non-hispanic whites would be 3rd, blacks would be 8th and Asians would be way down the list.

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