They’re diverse, they’re educated, they’re self-expressed. And they are truly a force in the marketplace.
Hispanic youth are more likely to be in school or in the workforce than previous generations. Much of this increase is being driven by Hispanic females. Only one-third of young Hispanic females were enrolled in school or college in 1970. By 2007, this figure had risen to over half (54%).
Delving further into the education attainment gap, this report reveals that Hispanics’ optimistic and aspirational outlooks aren’t necessarily followed by actions. The study uncovered that nearly nine-in-ten (89%) of young Latinos (ages 16-25) indicated that a college education is important for success in life, less than half (48%) reported they themselves plan to get a college degree. Most reported that financial pressures to support the family were the leading barrier to education completion.
These reports begin to shed some light on the impact that Hispanic Millennials will have on the American landscape. To learn more about the Millennial trends in general, you can check here.