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Trends in Hispanic employment, income and job-switching have changed significantly over the past five years

Patricia Molina| 14 de noviembre de 2013

A recent study taken by Tr3s tracked some recent changes in the Hispanic population of adult millennials between ages 18 and 34 in terms of the number of hours worked, individual and family incomes, and how frequently they change jobs. The research showed that: bilinguals lost the most working hours and are employed an average of three hours less per week than in 2008; adult Hispanic millennials born abroad and bilingual have lost individual income; while the incomes of non-Hispanics have significantly recovered.Likewise, those born in other countries and are between ages 18 and 34 have the lowest average incomes among the groups surveyed, their pay having dropped 12 percent from what it was five years ago.Teenaged and adult millennials, both Hispanic and non-Hispanic, experienced a loss of household income, though bilinguals had greater stability. The most significant income drops were suffered by groups of the third generation.Polling results also show that Hispanic teens are changing jobs with greater frequency than older Hispanics, but less than their non-Hispanic colleagues. Over the past year, 20 percent of Hispanics have switched jobs, while only 15 percent of those over 35 have done so, as have 8 percent of those over 50.

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