
According to the Hispanic Alliance for Career Enhancement’s 2007 Latino Professional Pulse Survey, Hispanic professionals are better educated than their parents, optimistic about their future and generally younger than their non-Hispanic counterparts. For the survey, HACE polled 511 Hispanic professionals (53 percent were women) over a period of nine days.
Although 70 percent of survey respondents said neither of their parents completed a four-year college degree, a whopping
85 percent of respondents held at least a bachelor's degree and 38 percent held a graduate degree at the time of the survey.
The survey found Hispanic professionals to be
unanimously positive about their personal and economic futures:
- At least 72 percent of respondents felt positive about the future.
- More than 89 percent reported that they would invest in funds at some point in the next five years.
Survey participants also felt optimistic about the role they will play in
shaping the country’s future:
- 89 percent of respondents felt that Hispanics' power in the U.S. economy is very significant.
- 59 percent of survey respondents believe Hispanics have moderate to strong influence on U.S. policies and politics.
These numbers indicate that Hispanics have a brighter outlook on their future than some other minority groups. And rightfully so. As a group, Hispanics are becoming more educated and quickly advancing through the ranks in their careers. The future of US business looks to have an increasing number of
Hispanic professionals in mid to upper level management and director positions.
The optimism many Hispanic professionals feel may be due to their attitude at work. More Hispanic professionals are satisfied with what they are doing and their opportunities for advancement in the workplace, which translates to
lower turnover rates among Hispanic professionals and more longevity in the workplace.
The demographic indicators point to a strong increase in the number of Hispanic professionals entering the workforce over the next three decades. Forward thinking companies that want to position their company for success in the Hispanic market should dedicate the resources necessary to
attract the best Hispanic professionals, many of whom are highly educated bicultural and bilingual professionals who can bring companies the Hispanic market success they seek.
Besides, who wouldn’t want an
educated employee who likes his job and is optimistic about his future?
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