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A message from League of United Latin American Citizens

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View as web page:
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LULAC Calls For Increased Economic Support For Latinos As Report Shows Hispanics
Faces Job Loss At Twice The Rate Of Whites
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Nation’s Oldest & Largest Latino Civil Rights Organization Calls for Expanded
Resources as New Data Confirms Latinos are Bearing the Economic Brunt of COVID-19

WASHINGTON - Today, the League of United Latin American Citizens (LULAC) National
President Domingo Garcia and LULAC National CEO Sindy Benavides reacted to new
data from a Washington Post [ [link removed] ]
poll that found Hispanic Americans are nearly twice as likely to have lost their
jobs amid coronavirus shutdowns. According to the Bureau of Labor Statistics [ [link removed] ] ,
the Latino unemployment rate spiked to nearly 19% meaning more than 4 million
Latinos are unemployed - nearly one in every five.

Additional new data from the Associated Press [ [link removed] ]
also shows that more than two-thirds of Latinos have seen a shift in their
household income due to the pandemic, primarily caused by 20 percent of all
Hispanic adults being laid off or furloughed since the outbreak, compared to 11
percent of White Americans. As a result, 21 percent of Latinos have been unable
to pay rent or make mortgage payments compared to eight percent of White
Americans.

LULAC National President Domingo Garcia issued the following statement:

“Latinos across the United States are being ignored despite the fact that many of
them are the same ones keeping our country running. Latino-owned businesses
generate $800 billion in revenue and employ millions of people -- yet somehow
these small businesses are getting left behind.

We saw earlier this month that the majority of Latino small-business owners who
applied for PPP were unable to get relief funding, and few were made aware of how
to apply at all. The economic burden of this looming financial crisis isn’t
expected to ease up any time soon, but people still need to pay their bills. It’s
time for our elected officials to step up to the plate and give all Americans --
particularly Latinos who are being disproportionately left behind -- the support
and resources they need.”

LULAC National CEO Sindy Benavides issued the following statement:

“This devastating economic data affirms that Hispanic and African American
communities have been disproportionately impacted during this pandemic. This
crisis has also affected minority-owned small-businesses who have been shut out
of PPP loans and unable to keep workers on payroll. In fact, most Latino
small-business owners do not have enough cash on hand to last beyond 21 days [ [link removed] ] ,
so they may never open again.

Our families deserve better. With no indication of how long this economic crisis
will last, it’s time for our lawmakers to step up to the plate and do more to
level the playing field. The Latino community deserves at least a fighting
chance.”

Long-term economic projections [ [link removed] ]
anticipate the pandemic will continue to have severe economic impacts.
Unemployment rates in Hispanic communities are projected to reach 19 percent in
12 months before dropping to 12.9 percent in 2022. This is double the
unemployment rate before the outbreak of COVID-19. These findings demonstrate
drastic economic inequality in the United States and underscore the need for
government action.

# # #

About LULAC
The League of United Latin American Citizens (LULAC) is the nation’s largest and
oldest civil rights volunteer-based organization that empowers Hispanic Americans
and builds strong Latino communities. Headquartered in Washington, DC, with 1,000
councils around the United States and Puerto Rico, LULAC’s programs, services and
advocacy address the most important issues for Latinos, meeting critical needs of
today and the future. For more information, visit www.LULAC.org [ [link removed] ] .







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