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| Tuesday, November 8, 2005 • Volume 4, Issue #150 | Home | Research | Magazine | Contact Us |
| Top Stories | |
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NEW RESEARCH: The 2005 Hispanic Business 500 Directory - A national benchmark of the surging development of U.S. Hispanic-owned companies. Visit HispanicBusiness.com to search the directory. |
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Business The unemployment rate for Hispanics dropped to 5.8 percent in October from 6.5 percent in September, according to data released today by the U.S. Department of Labor. The overall U.S. unemployment rate also dropped.
The devastating late-summer hurricanes continued to have a significant impact on the U.S. labor market in October. The employment report for the month shows a rebound jobs, but still well short of economists' median forecast.
As expected on Wall Street, the Federal Open Market Committee voted to lift US interest rates to their highest level in more than four years with the economy proving resilient to hurricanes and high energy costs.
Politics In a city where registered Democrats outnumber Republicans 5-to-1, the GOP incumbent, a Boston-born Jewish media mogul, is running 30 points ahead of his Democratic challenger, a longtime Hispanic politician from the Bronx.
According to Hispanic Business research, the Bush Administration currently has 15 secretary-level appointees (including two department secretaries) in office.
Hispanic Market While more Hispanic students are going to college they are also more likely to attend two-year institutions, a factor causing Hispanics to lag behind Anglos in obtaining bachelor's degrees, a new study reveals.
Those businesses that can address the specific needs of the Hispanic homebuyer will be best positioned, the thinking goes, to tap a market that will represent 40 percent of first-time homebuyers by 2012.
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| HispanTelligence Research | |
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More than 20 percent of Cubans are 65 or older, while a scant 4 percent of Mexicans are in that age bracket. On the other hand, 37 percent of Mexicans and 31 percent of Puerto Ricans are younger than 18.
Search the 2005 Hispanic Business 500, a national benchmark of the surging development of U.S. Hispanic-owned companies.
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| Events | |
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| From the current issue of Hispanic Business magazine... | |
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Charisma doesn't win auto races, but it does attract the sponsors and marketing partners that fund the sport. Fortunately, international race car driver Milka Duno has both charisma and skill at winning the checkered flag.
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