A majority of Latinos believe that the economic downturn that began in 2007 has been harder on them than on other groups in America, according to a new national survey of Latino adults. Large shares report that they or someone in their household has been unemployed in the past year (59%); that their personal finances are in “only fair” or “poor” shape (75%); or that they are underwater on their mortgage (28% of Latino homeowners). However, Latinos are more upbeat than others about the prospect for better days ahead.
Childhood Poverty Among Hispanics Sets Record, Leads Nation
Hispanic Household Wealth Fell by 66% from 2005 to 2009