The Hispanic Institute

Vanguardia! Blog

Hispanic Investors Are Hungry for Knowledge on Investments & Savings

By Nicole Akoukou Thompson, Latin Post:

Even with very little financial education, Hispanic investors have grown into knowledge-hungry financiers, wanting to absorb information about investments.

Seventy-two percent of Hispanic investors surveyed in a Well Fargo survey stated they wished that they knew more about investing in mutual funds, stocks and bonds. That's compared to 64 percent of U.S. investors overall.

Hispanic Netflix? That Could Be DirecTV's Plan

-- by P.J. Pednarski, OnlineVideoDaily:

DirecTV, which can read the census and Nielsen reports as well as anybody, says it will launch an over-the-top content service aimed at Hispanic viewers.

Churches Offer Sanctuary to Immigrants in Danger of Deportation

-- by Miriam Jordan, The Wall Street Journal:

Some religious congregations are offering sanctuary to illegal immigrants facing deportation, following President Barack Obama's decision to delay an executive action that would possibly have staved off their removal from the U.S.

Driver's Licences for Undocumented Latinos Top Issue in Colorado Governor's Race

-- by Bryan Llenas, Fox News Latino:

The gubernatorial race in Colorado between Gov. John Hickenlooper, a Democrat, and Republican U.S. Rep. Bob Beauprez has been defined by issues like the death penalty and gun control – but immigration policy could play a big role come November, too.

The University of Texas at Austin Creates Major in Mexican American & Latino Studies

-- by Paul Reyes, NBC News Latino:

 Almost four out of ten Texas residents is Latino, and Hispanics are an integral part of the region's demographic, cultural and political heritage. Yet Mexican American and Latino studies has not been an academic major offered at one the state's flagship universities - until now.

The Unsung Economics of Immigration

by Scott Clemons for

With a humanitarian crisis unfolding on the U.S.-Mexico border, President Obama has announced that he intends to ask for $2 billion in emergency funding, but then bypass an uncooperative Congress and act through executive orders to address the situation.  The politics of immigration are admittedly hard, as Representative Eric Cantor painfully learned during his primary race several weeks ago, but the economics are easy.  The debate today focuses on humanitarian issues, the concept of fairness, the appropriate legal framework and how to integrate immigrants – whether legal or not – into American society.  The long-term economic implications deserve to be at the center of this discussion.

Lost amidst the national debate on immigration reform is the critical fact that we need to attract workers from abroad to maintain the long term growth of our labor force.   U.S. fertility rates are right at population replacement levels, and labor force participation has been in decline since the 1970s.  Thus, without immigration, we are headed toward a stagnant or even declining labor force in the not too distant future, with dire implications for economic growth.  Getting immigration right is an economic imperative for the 21st century.

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BLS: Hispanic Unemployment Dipped to 7.5% in August

-- from Fox News Latino:

The U.S. unemployment rate fell slightly to 6.1 percent in August, down from 6.2 percent in July and the lowest level in the past six years, the Labor Department said.

A total of 142,000 net jobs were created in August, below the figure of 200,000-plus net jobs that most economists were expecting and the lowest monthly total since December 2013.

Hispanic Millenials Seeking Education & Financial Stability Before Home Ownership

-- by Nicole Akoukou Thompson, The Latino Post:

The Latino community has not eluded the country's recent economic turmoil.

Study: 1 in 5 Low-Income Texans Lack Eligible Voter I.D.

-- by Sandra Lilley, NBC News:

Over one-in-five eligible Texas voters who make $20,000 a year or less do not have a current photo ID that would be accepted under the current voter ID law. In Texas, income disparities are closely correlated with race and ethnicity, making the voter ID law more onerous for Latino and African American voters, according to minority and voting rights groups.

Texas Voter I.D. Law Goes to Trial

-- by Pam Fessler, NPR:

Dozens of lawyers will gather in a federal courtroom in Corpus Christi, Texas, on Tuesday for the start of a new challenge to the state's controversial voter ID law.

The trial is expected to last two to three weeks, but it's unlikely to be the end of what's already been a long, convoluted journey for the Texas law — and many others like it.

First, some background:

Texas' Republican-controlled Legislature passed new photo ID requirements for voters back in 2011. Supporters said the law was needed to prevent voter fraud, although opponents noted that there was little evidence of such fraud at the polls.

At the time, the state was covered by Section 5 of the Voting Rights Act, which meant it needed federal approval for the law to go into effect, because the state had a history of discrimination against minority voters.

The case ended up before a three-judge federal court in Washington, D.C., which in 2012 ruled against the state. It said Texas could not impose the new ID requirement, because the state was unable to show that it would not discriminate against blacks and Latinos. Under Section 5, the burden of proof was on the state to show that the law was nondiscriminatory.

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