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Wednesday, October 8, 2008

Dallas attorney releases study stating that Hispanic workforce hit harder during economic downturns

By Pegasus News wire

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DALLAS — Hispanic workers represent one of the fastest-growing segments of the U.S. workforce, but they also are at particular risk during economic downturns, suffering negative effects sooner, more severely and for longer duration than their white counterparts, according to the findings of an academic study published in the Journal of Business Valuation and Economic Loss Analysis.

Angel Reyes

Angel Reyes

Analyzing employment data from 1976 to 2008, researchers from the Texas Tech University Rawls College of Business conclude that historically, workers of Hispanic heritage have faced greater threats of unemployment, lower rates of successful job matches and greater instability than the workforce as a whole. The findings are presented in a paper entitled, “Examination and Comparison of Hispanic and White Unemployment Rates,” authored by Dallas attorney Angel Reyes, Texas Tech professors Bradley T. Ewing, Ph.D., and James C. Wetherbe, Ph.D., and Augusta State University professor Mark A. Thompson, Ph.D.

“Even during periods of non-economic downturn, the Hispanic unemployment rate is highly volatile,” Mr. Reyes says. “These findings should serve as a warning call that this large and growing segment has risk factors that should be addressed. The success or failure of this segment can influence the entire economic system.”

Based on historic employment trends, the study found that the disparity in unemployment rates between white and Hispanic workers likely will not correct itself and recommends policy actions to address some of the underlying causes. The researchers found that Hispanic workers are vulnerable to job loss in part because they are underrepresented in managerial and professional positions and jobs that are less vulnerable to economic downturns such as education and health care.

Mr. Reyes says the findings are particularly important because workers of Hispanic origin represent such a large and growing segment of the U.S. workforce.

“This paper arrives at a time where there is still an opportunity to affect this trend,” he says. “There are strategic policies available that can have a great influence over this large segment of our population.”

Source: Heygood, Orr, Reyes, Pearson & Bartolomei

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Comments

Travis Bush

Travis Bush Verified

Don't all the middle class and below feel the hate of a bad economy, regardless of ethnicity, or representation in the managerial echelons of business? It is nice to know though that an ambulance chasing, Latino schiester, can play the part of Captain Obvious just as well as anyone else. That's what I call diversity!

1 year, 1 month ago ( Link to this comment | Suggest removal )

Chris Kidd

Chris Kidd Verified

That it true..why does it have to be hispanic, Im a white guy and im getting hammered hard, as I pay my legally-owed taxes,which alot of these guys dont, as well as put in more hours than the typical hispanic construction worker..Not trying to start a fight, just stating facts that Senor Reyes doesnt seem to understand.

1 year, 1 month ago ( Link to this comment | Suggest removal )

Jason Rice

Jason Rice Verified

Dudes. Give it up. You've been raised better than that by our Disney Media. We all showed up, got the world handed to us on a plate and never have any problems. So all you have to offer is apologies. Take that silver spoon out of your mouth and grovel.

Now! (I for one welcome our politically correct overlords)

1 year, 1 month ago ( Link to this comment | Suggest removal )

jtmbls

jtmbls Anonymous

OOO! Here, I'll start a list!

  1. I'm sorry I'm an American
  2. I'm sorry I'm Caucasian
  3. If I were a man I’d be really, really sorry about that.
  4. ???? What else?

1 year, 1 month ago ( Link to this comment | Suggest removal )

Jason Rice

Jason Rice Verified

You currently oppress them and undervalue their contribution to _ (fill in blank)

The nice thing about that format is easy duplication for all 6000 non-caucasion submissions that you have to make.

1 year, 1 month ago ( Link to this comment | Suggest removal )

alexander troup

alexander troup Verified

Back in the 1919/1920 Census era for Dallas Texas , the Hispanic population was up 20 percent from 1917, when the first World War came out, causing many of the anglo men who went off to Europe to serve in the war, leaving alot of man work behind, after the war... these jobs lost became that middle class label for the Hispanic, in the 1930s however, many Hispanics were sent back by the train load and these jobs were then given to poor Anglos and African Amercians. my thought on this, why not give a human a job and unplug a computer, that is the real alien in the future, comprende Amigo. Alexander Troup, Almish Worker.

1 year ago ( Link to this comment | Suggest removal )

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