U.S. Latinos are the 8th Largest Economy of the World

Read full newsletter: https://mailchi.mp/ffaf83904b59/us-latinos-are-the-8th-largest-economy-of-the-world

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The 2020 U.S. Latino GDP Report released on Oct. 1, 2020 by the Latino Donor Collaborative, reflecting that “during 2018, the nearly 60 million Latinos living in the U.S. generated the world’s eighth largest gross domestic product (GDP),” according to Matthew Fienup, Executive Director of the Center for Economic Research and Forecasting at California Lutheran University.

At an estimated $2.6 trillion, the U.S. Latino GDP would be larger than the GDPs of Italy, Brazil, or South Korea, and just slightly behind India’s GDP. The GDP growth rate summarizes the performance of an economy. By that measure, the U.S. Latino GDP has the third-fastest growth rate of the world’s top ten GDPs, and faster than the overall U.S. GDP.

From 2010 to 2018, only China and India had faster GDP growth rates.

“Our report shows that, from 2005 to 2018, Latinos have consistently had a higher labor force participation rate than the rest of the work force in the U.S.,” said co-author David E. Hayes-Bautista, Distinguished Professor of Medicine and Director of the Center for the Study of Latino Health and Culture at the UCLA David Geffen School of Medicine. “In California, this trend of higher labor force participation can be traced from 1940 to 2018.” Read the Press Release here.

Read Full Report Here

CSU gets its first Mexican-American Chancellor: Fresno State President Joseph I. Castro

By NINA AGRAWAL, LOS ANGELES TIMES – SEP. 23, 2020

Joseph I. Castro, the grandson of farmworkers and a first-generation college student who rose during a career in higher education to lead Cal State Fresno, has been named chancellor of California State University, the largest four-year system in the nation, trustees announced Wednesday.

He will be the first person of color to lead the system, with a life story that will sound familiar to many of the Cal State system’s 480,000 students, 43% of whom are Latino and nearly half of whom come from low-income families.

A native of the San Joaquin Valley whose great-grandparents emigrated from Mexico and lived in tents by the Santa Fe Railroad, not far from the Fresno campus, Castro is the son of a single mother who worked as a beautician. He attended UC Berkeley through a program for promising Latino students from farming communities. At Cal State Fresno he made his mark as a thoughtful listener and an advocate for student needs and equity, colleagues said... Read Full Article

Trump’s tax records reveal chronic losses and years of tax avoidance

By: Russ Buettner, Susanne Craig, Mike McIntire, NY Times – Sep. 27, 2020

Donald J. Trump paid $750 in federal income taxes the year he won the presidency. In his first year in the White House, he paid another $750. He had paid no income taxes at all in 10 of the previous 15 years — largely because he reported losing much more money than he made. As the president wages a re-election campaign that polls say he is in danger of losing, his finances are under stress, beset by losses and hundreds of millions of dollars in debt coming due that he has personally guaranteed. Also hanging over him is a decade-long audit battle with the Internal Revenue Service over the legitimacy of a $72.9 million tax refund that he claimed, and received, after declaring huge losses. An adverse ruling could cost him more than $100 million... Read Full Article

Judge orders 2020 census to continue for another month until Oct. 31, 2020

By MIKE SCHNEIDER, AP – September 25, 2020

ORLANDO, Fla. (AP) — A federal judge has stopped the 2020 census from finishing at month’s end and suspended a year-end deadline for delivering the numbers needed to decide how many seats each state gets in Congress.

The preliminary injunction granted by U.S. District Judge Lucy Koh in California late Thursday allows the once-a-decade head count of every U.S. resident to continue through the end of October.

Koh said the shortened schedule ordered by President Donald Trump’s administration likely would produce inaccurate results that would last a decade... Read Full Article

This is how Biden should approach the Latino vote

By: Ian Haney López and Tory Gavito, New York Times – Sept. 18, 2020

Joe Biden needed no reminder from the arrival of Hispanic Heritage Month this week that he should focus on Latinos. While a mere 3 percent of American voters overall have yet to decide on a presidential candidate, according to recent polls from Quinnipiacand Monmouth, 38 percent of registered Hispanic voters in 10 battleground states may be ambivalent about even voting.

At least so far, this large group of Latinos seemingly perceives little reason to choose Mr. Biden over President Trump. That makes this group — part of the largest racial-ethnic voting bloc in the country after whites — a key component of the swing voters in... Read Full Article

Gov. Newsom vetoes Ethnic Studies Bill AB-331

By NINA AGRAWAL, LOS ANGELES TIMES – SEP. 30, 2020

A bid to make a one-semester ethnic studies course a high school graduation requirement was vetoed late Wednesday by Gov. Gavin Newsom, who cited the ongoing controversy over the appropriate curriculum in his message on the legislation.

“I value the role ethnic studies plays in helping students think critically about our history and understand the experience of marginalized communities in our state,” Newsom wrote. “This academic discipline will help prepare our young adults to become civically engaged and participate fully in our democracy"... Read Full Article

Por primera vez en 51 años no habrá marcha por la matanza de 1968 en Tlatelolco

Por: Redacción , La Opinión – 20 de Septiembre 2020

Con la finalidad de evitar confrontaciones y disturbios por diversos grupos, este viernes no se realizará la marcha conmemorativa de la matanza estudiantil el 2 de octubre de 1968, de la Plaza de las Tres Culturas, en Tlatelolco, al Zócalo, dijo Ana Ignacia Rodríguez, conocida como Nacha Rodríguez.

Una de las dirigentes más conocidas del movimiento estudiantil de hace 52 años, comentó que se trata de impedir que la movilización pacífica que realizan los miembros del Comité 68 y otras organizaciones sea aprovechada por otros grupos para realizar actos vandálicos... Leer Más

**A Conversation with La Raza Magazine photographer Luis C. Garza**

Presentation by a key witness and photographer of the Chicano Movement of 50 years ago, Luis C. Garza. The presentation took place on Wednesday, September 23, 2020.

LATEST NEWS:

Meet the new Chancellor of the Cal State system (New York Times)

The California State University announced its next leader: Joseph Castro, who has served as president of Cal State Fresno since 2013. He’ll be the eighth person to become chancellor of the nation’s largest four-year public university system... Read More

Jessica Quintana shares passion and caring at Centro CHA (The Grunion)

While some move away from home for college or a new job thereafter, others stay right where they are in the hope they can create something even sweeter for those around them. "I grew up in Long Beach. I've lived here for over 56 years," said Jessica Quintana, longtime executive director at Centro CHA... Read More

Democrats, you can’t count on the Latino vote (New York Times)

Democrats are counting on Hispanics to help them win the White House on Nov. 3, but they may be in for a surprise. Though I’ve been a conservative most of my life, I didn’t vote for Donald Trump in 2016 and won’t this year either... Read More

Study says many Latinos don’t vote because they aren’t sought, and they aren’t sought because they don’t vote (Dallas News)

A study that seeks to explain why citizens in the nation’s fastest-growing ethnic group often don’t go to the polls says that sporadic outreach by campaigns leads many Latinos to feel disenfranchised, and that because they do not vote, candidates and political parties don’t focus on them... Read More

All paths to 270 Electoral College votes lead through the Latino electorate (Politico)

With less than seven weeks left until Election Day, alarm bells are sounding as a barrage of recent polls from battleground states like Florida and Arizona show a Latino electorate with higher-than-expected support for Donald Trump, a pronounced gender gap and a puzzlingly high rate of undecided voters... Read More

Report “California and their government”, Sept. 2020 (PPIC)

A slim majority support a November ballot measure that would change how commercial property is taxed, and well below half support a measure that would repeal the state’s ban on affirmative action in the public sector... Read More

Quieren ganar dirigencia de Morena con dinero: Muñoz Ledo (El Universal)

Porfirio Muñoz Ledo decidió entrarle a la batalla por la dirigencia nacional de Morena por invitación de “varias” personas, no de una sola. Si pierde, dice que de cualquier manera gana, porque lo derrotarían con dinero... Leer Más

Juez ordena que continúe el censo hasta fin de Octubre (La Opinión)

El gobierno del presidente Donald Trump deberá continuar el conteo del Censo del 2020 un mes más, dictaminó una juez federal de California que argumentó que un calendario más corto probablemente produciría resultados inexactos... Leer Más

Read full newsletter: https://mailchi.mp/ffaf83904b59/us-latinos-are-the-8th-largest-economy-of-the-world