For Hispanic Heritage Month, Business Insider wanted to spotlight Latinx business leaders driving change not only through their work, but within their communities.
The list includes everything from an entrepreneur making personal finance more accessible to Spanish speakers, to nonprofit founders helping young Latinx women achieve career success. READ MORE AT BUSINESS INSIDER
Millions of people have lost their jobs in the months since the COVID-19 pandemic began, and entire industries have ground to a halt in the wake of government shutdowns and restrictions. Now is not the time to find a job in the tourism or hospitality industries, for instance. Here are five industries seeing job growth right now. READ MORE AT U.S. NEWS & WORLD REPORT
Among 1,000 large businesses, the top quartile in diversity had 36% higher profitability performance than the bottom quartile in 2019, according to management consulting firm McKinsey & Company. In other words: Workplace diversity appears to be good for the bottom line. READ MORE AT MINNESOTA MONTHLY
It’s a common misconception that your side hustle cannot become a successful business unless you dedicate 100% of your time and money to it. While it’s true that you cannot just expect a side hustle to become something more without any effort on your part, you can turn a side hustle into a full-time business without quitting your day job. How exactly can you do this? READ MORE AT ENTREPRENEUR
The closer we get toward the holidays, the more businesses slow down. It would be reasonable to believe that hiring trends are consistent throughout the year. This is far from reality.
While others relax, you should go on a job-search rampage. Go against and ignore what the herd is doing. Chart your own path. Get aggressive by turbocharging your efforts. Search for jobs and apply to them. Keep reaching out to your network for leads. Find people in power positions at companies that you want to work for and let them know you’d like to work there. READ MORE AT FORBES
If you want to rise through the ranks at work, being based at home as a result of the continuing coronavirus pandemic undoubtedly makes it more of a challenge.
After all, if you are working from your kitchen table or study, you are not going to bump into your boss, see them in person every day in meetings, or have a chance to bend their ear in the corridor.
And from your boss's perspective, while he or she can easily tell how hard someone is working in the office, it is sometimes hard for them to resist the nagging fear that home workers are playing with their kids, walking the dog, or baking a sourdough loaf. READ MORE AT BBC NEWS
As gridlock over another round of stimulus for small business in Washington continues, 5 million Latinos are at risk of bankruptcy, a new study reveals on Monday. Pre-pandemic they were the fastest-growing cohort on Main Street and contributed 4% to U.S. GDP. Their demise portends a troubling trend that can upend communities across America. READ MORE AT CNBC
Job searches go faster when job-seekers first take a step back to plan strategically. And careful planning has become even more important during these challenging economic times.
Here’s a seven step job search plan that has gotten results for my clients, and that any great salesperson would appreciate. READ MORE
How do you successfully network during a global pandemic?
Amid Covid-19, entrepreneurs have swapped in-person networking nights for virtual events. But as the pandemic continues, the concept of “remote networking” reveals its own series of hurdles.
Networking, whether it is done virtually or in-person, needs plenty of effort, energy and enthusiasm. READ MORE AT THE STORY EXCHANGE
We traditionally tend to think of working from home as a perk. You can do your laundry while you work. You can stay in pajamas and control your own thermostat. You can take the dog for a walk. But after being abruptly forced to work from home full time this year, a lot of people have discovered they don’t like it nearly as much as they thought they would. READ MORE AT SLATE
As a group, Latinas have experienced the bulk of job losses this year. The Latina unemployment rate hit 20.2 percent in April, leaving one in five Latinas out of work. From August to September, Latina unemployment rose month to month as it dropped for everybody else. It’s still in double digits at 11 percent. READ MORE AT USA TODAY
Months after workers were sent home en masse in the spring, many are still connecting with colleagues both new and old completely digitally. Roughly 42% of the U.S. labor force is working remotely full-time. READ MORE AT CNBC
The coronavirus pandemic has exacerbated the issues the Hispanic and Latinx communities — who have been historically neglected by the U.S. banking system — face. Access to banks and credit unions is even more vital now, as stimulus checks and unemployment benefits are widely relied on.
But the fact is 16.2% of U.S. Hispanic and Latinx households don’t have a bank account. And of the people who do, almost 30% are underbanked. READ MORE AT THE SIMPLE DOLLAR
The terms Hispanics in the United States use to describe themselves can provide a direct look at how they view their identity and how the strength of immigrant ties influences the ways they see themselves.
About half of Hispanic adults say they most often describe themselves by their family’s country of origin or heritage, using terms such as Mexican, Cuban, Puerto Rican or Salvadoran, while another 39% most often describe themselves as “Hispanic” or “Latino,” the pan-ethnic terms used most often to describe this group in the U.S. READ MORE AT PEW RESEARCH CENTER
If there’s one person who is exceptionally entitled in giving insightful career advice, it’s Warren Buffett.
The famed business mogul and philanthropist’s lengthy career was fueled at the tender age of seven when he borrowed a book from the library – One Thousand Ways to Make $1000 – inspiring his passion for numbers.
Despite celebrating his 90th birthday in August 2020, the Berkshire Hathaway CEO and Chairman with an estimated personal wealth of US$80.2 billion according to Forbes, isn’t showing any signs of slowing down. READ MORE AT CEO MAGAZINE
Women are burning out and leaving the workforce in droves as the coronavirus pandemic hits them both at home and in fields that are virtually sidelined by COVID-19.
More women left the workforce in September than jobs were added, as 865,000 women dropped out of the job market entirely while the number of jobs increased by 661,000 between August and September, according to statistics cited by The 19th, a nonprofit, nonpartisan newsroom that focuses on gender, politics and policy. READ MORE AT DAILY NEWS
The importance of the Hispanic community is reflected in the 58.9 million Hispanics that currently represent the 18.2% of the total U.S. population, estimated at 327 million people, according to data published in 2018 by the US Census Bureau.
Hispanics are also the second-largest demographic group in the United States behind the Caucasian population. Projections indicate that the Hispanic population will continue to grow and will represent almost 30% of the country’s population by 2050. READ MORE AT ABASTO NEWS
If the contribution to gross domestic product by Latinos in the U.S. were its own country, it would be the eighth-largest economy in the world, just behind France’s—and the fastest-growing of all developed countries. What’s more, the Latino cohort will be responsible for the majority of U.S. economic growth in coming years, according to the Latino Donor Collective U.S. Latino GDP Report. READ MORE AT BARRON'S
A nontraditional career path isn’t always the most comfortable approach, but it’s one that can make job candidates more appealing to a smart recruiter or hiring manager. READ MORE AT FAST COMPANY
The Latino community has been disproportionally affected by COVID-19, with almost three times as many cases per head among Latinos than among whites, and a hospitalization rate 4.6 times higher. But the specific challenges faced by Latinos in terms of health outcomes and healthcare access long predate the pandemic. READ MORE AT BROOKINGS
