FACTS, NOT MYTHS
Latinos make important contributions to America that many may find...enlightening.
MYTH VERSUS REALITY
MYTH: LATINOS LIVE ON THE MARGINS OF THE U.S. ECONOMY.
REALITY: LATINOS CONTRIBUTE—A LOT At $2.13 trillion, the Latino GDP is the seventh largest GDP in the world, and the second largest among the GDPs of U.S. states.
MYTH: LATINOS ARE A DRAIN ON U.S. ECONOMIC GROWTH
REALITY: LATINOS GREATLY OUTPERFORM EXPECTATIONS IN DRIVING U.S. ECONOMIC GROWTH At 2.9%, the Latino Compound Annual Growth Rate (CAGR) of GDP between 2010 and 2015 was the third highest growth rate at the global level—behind only China and India, of the major economies— and nearly 70% higher than the non-Latino U.S. GDP rate of 1.7%. If these rates are sustained, Latinos will contribute nearly one quarter of all U.S. GDP growth between 2019 and 2020.
MYTH: LATINOS DON’T CARRY THEIR FAIR SHARE OF THE WORKLOAD
REALITY: LATINOS ARE THE MAJOR COMPONENT OF GROWTH OF THE U.S. WORK FORCE While the non-Latino work force shrank by about 4,000 workers between 2010 and 2015, the Latino work force grew by nearly 2.5 million, powering an overall increase of 2.4 million in the U.S. work force ages 25–64.
MYTH: LATINOS DO NOT VALUE EDUCATION
REALITY: LATINOS ARE GRADUATING FROM COLLEGE IN RECORD NUMBERS The Latino college graduate population, ages 20–24, grew by 40.6% between 2010 and 2015, compared to 13.6% for the non-Latino college graduate population in the same age group.
MYTH: LATINOS ARE MOSTLY NON-CITIZEN IMMIGRANTS
REALITY: A SUPER-MAJORITY OF LATINOS ARE NATIVE-BORN U.S. CITIZENS In 2015, a super-majority of all Latinos were U.S. Citizens, either U.S.-born or naturalized. Young Latinos are 25% of the Post-Millennial generation and virtually all are U.S. citizens.
MYTH: LATINOS DO NOT DEFEND THE AMERICAN WAY OF LIFE
REALITY: LATINOS ARE ON THE FRONT LINES, DEFENDING AND SUPPORTING THE USA Latinos comprise 25.7% of all 18 to 24-year-old Marines, and 22.2% of 18 to 24-year-olds in the Army.
MYTH: UNDOCUMENTED LATINO IMMIGRANTS ARE A DRAIN ON THE AMERICAN ECONOMY, AND TAKE JOBS FROM OTHERS.
REALITY: UNDOCUMENTED LATINO IMMIGRANTS ARE A SMALL, BUT ESSENTIAL, COMPONENT OF THE AMERICAN ECONOMY.