Mitt Romney’s new campaign attempts to reel in Spanish-speaking voters by emphasizing how the presumptive Republican presidential nominee plans to help small business owners.
About 64 percent of all jobs in America are created by small businesses, with those owned by Hispanics being the fastest-growing segment.
Like other cities around the country, Providence, Rhode Island is wrestling with serious economic trouble but there is one bright spot, according to a report by economists at the Federal Reserve of Boston - and that is the growth of Latino-owned businesses.
Alfonso Cornejo is trying to do what has never been done in Cincinatti, he is building a bilingual student database to improve the job prospects of the city’s approximately 2,000 Latino students.
The number of Latino owned-businesses in Minnesota has grown by one quarter in just five years, according to Census figures. That's nearly double the rate of overall business growth in the state.
The Torres family and others were the roots of a Latino community that, by 2010, had grown to 51,230, or 58 percent of Reading’s population. “We came for the same reason everyone else did,” said Aida Torres, 69. “For a better environment. For a better life.”
E-Verify has made it harder to find enough workers for many farm jobs, especially during spring growing season. Though the U.S. unemployment rate is stalled above 9 percent, business owners say few native-born workers are willing to do tough jobs, leading employers to hire immigrants.
Staten Island has seen the largest increase in its Latino community than any other borough, prompting many Hispanic businesses to open up shop.
The prosperity of the American economy is heavily dependent on a solid foundation of small business. Hispanic entrepreneurs in particular have played an integral role in keeping the country afloat during the past decade. At the local level, Hispanic small businesses are vital. They are true job creators.
Arizona’s immigration laws were designed to drive undocumented immigrants out of the state by levying punishments on Arizona businesses that hire undocumented immigrants. The laws seem to have accomplished this immediate goal, but they have done so at the expense of Arizona’s economic recovery.
What it will cost employers, employees, and taxpayers.
Part of the problem is that the current E-Verify technology is not accurate. CAP estimates that the system will accurately identify only about half of all employees who are not legally authorized to work in the country.
The Latino Coalition (TLC) concluded the 2011 Small Business Summit in Washington D.C. The event kicked off May 23 and attracted over 750 small business owners, Fortune 500 procurement officers, government officials and a first-class list of keynote speakers.