“Hispanic women have emerged as the biggest job market winners in an economy that has now grown for 121 straight months.”
The economic and social trends that have long kept Hispanic and black women from making job and wage gains appear to be shiftingThe United States economy on Monday hit a milestone, reaching its longest expansion on record. Just a decade ago, the nation was mired in a severe recession that had erased trillions of dollars in wealth and left millions of people out of work.
While employment rates have risen for minority women, they are far from the expansion’s biggest winners by other measures. . Hispanic women have historically worked less than any other demographic, earned fewer degrees than white and black women, and had among the highest fertility rates. That is changing: Hispanic women have posted a majorThe recent job gains show that prolonged economic growth, combined with those social changes, has the power to lift long-marginalized minorities.
Education is a big part of the story. While the share of whites and blacks age 18 to 24 who were enrolled in college actually dropped slightly between 2010 and 2016, the share of Hispanic women going for a degreeThat’s an improvement from a low level — 48.9 percent of white women were enrolled, by way of comparison — but it has major job market implications. Employment rates climb steadily with educational attainment.
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