How Much Do Latinos Contribute to the US Economy?

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Latinos are a racially and ethnically diverse group of people. For instance, the Latino population on the mainland of the United States in 2009 was composed of Mexican-Americans, Puerto Ricans, Cubans, Salvadorans and Dominicans. Central and South Americans or people of other Latino or Hispanic origins comprise the remainder of the Latino community.

Some evidence suggests that immigration can reduce native employment because the economy needs the chance to adjust. This effect fluctuates based on the broader economic environment. When the economy is growing and the labor market is adding jobs, immigration creates enough opportunities even for the less educated. However, during periods of economic downturns, rates do not adjust as quickly. For example, with a weak economy immigration has a small negative impact in the short run on the employment of native-born workers.

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