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america's dynamic workforce: 2008 |
Figure 5-11. Hispanic share of civilian labor force,
1990-2050
SOURCE: Mitra Toossi, “A New Look at Long-term Labor Force Projections to
2050,” Monthly Labor Review, November 2006, 19-39.
- The Hispanic share of the labor force will increase from 14.1 percent in
2007 to 17.3 percent in 2020, as the number of Latinos in the labor force
reaches 28.8 million. By 2050, the Hispanic labor force is projected to
number 47.3 million persons, or 24.3 percent of the total labor force.
- The higher number of Hispanics in the labor force will be the result of
increased immigration, higher fertility rates, and higher participation
rates among Hispanics.
- The Hispanic population in the U.S. is very young in relation to other
racial and ethnic groups, and Hispanics, especially men, have a higher labor
force participate rate than their non-Hispanic counterparts. However, by
2050 the aging of the Hispanic population will create a downward trend in
their labor force participation.
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