1. DRAFT 11 Filename/RPS Number Office of the Chief Economist Post-Secondary Education of Latinos and Policy Initiatives Dr. Adriana Kugler Chief Economist, Department of Labor March 2012

2. DRAFT 22 Filename/RPS Number Office of the Chief Economist Latinos Growing Presence in the U.S.  Latino share of the population (Census projections) In 2010: 16.0% In 2020: 19.4% In 2030: 23.0%  Latino purchasing power is expected to grow from $1 trillion in 2010 to $1.5 trillion in 2015 The rate of growth in Hispanic purchasing power exceeds all other racial and ethnic groups  Increased political presence of Latinos. Latino Share of Voters - 5.1% in 2002, 5.8% in 2006 and 6.9% in 2010. Latino Share of Eligible Voters – 7.6% in 2002, 8.6% in 2006 and 10% in 2010

3. DRAFT 33 Filename/RPS Number Office of the Chief Economist Latinos Growing Presence in the Labor Market  Latino share of the labor force (BLS projections) In 2010: 14.8% In 2020: 18.6%  The Latino labor force is becoming increasingly more educated, but still lags behind other groups  Latinos are a growing presence in the US economy, so our American labor force will only be as strong and skilled as our growing Latino workforce

4. DRAFT 44 Filename/RPS Number Office of the Chief Economist Hispanic Educational Attainment Since 1970

5. DRAFT 55 Filename/RPS Number Office of the Chief Economist Comparisons of Hispanics to other Groups by Educational Attainment

6. DRAFT 66 Filename/RPS Number Office of the Chief Economist Hispanic Participation in Training compared to Whites, and African Americans

7. DRAFT 77 Filename/RPS Number Office of the Chief Economist Unemployment Rates of Latinos vs. other Groups over time

8. DRAFT 88 Filename/RPS Number Office of the Chief Economist Unemployment Rates of Latinos by Educational Attainment

9. DRAFT 99 Filename/RPS Number Office of the Chief Economist Wage Gap Between Hispanics and Whites over time

10. DRAFT 10 Filename/RPS Number Office of the Chief Economist Earnings gap between Hispanics and Whites by Educational Attainment

11. DRAFT 11 Filename/RPS Number Office of the Chief Economist Providing Skills to Latino Workers through Training Programs at the Department of Labor  Workforce Investment Act Latinos who exited the WIA Adult program in calendar year 2010 - nearly 60 percent or 77,000 began employment within the quarter after their exit o Latinos represented 11% of the WIA Adult participants Latinos who exited the WIA Dislocated program in calendar year 2010 – about 57 percent or 51,000 began employment within a quarter after their exit o Latinos represented 11% of the WIA Adult participants Latinos represent 25.8% or 62,009 in the WIA Youth Program o Latinos represented 56.4% (44,237) of those who participated in the WIA Younger Youth Program o Of the Latino Youth who exited the program in 2010, 55% were placed in a job or went on to further education

12. DRAFT 12 Filename/RPS Number Office of the Chief Economist  DOL’s Job Corps and YouthBuild programs Provide job training & educational opportunities Over 4,000 Latinos enrolled in YouthBuild & 17,000 Latinos enrolled in Job Corps 64% of Latino youth exiting Job Corps in 2010 received their GED  The Wagner-Peyser program 3.3 million participants (16.7%) of individuals served by Wagner-Peyser in 2010 were Latino  The National Farm worker Jobs Program (NFJP) A job training and employment assistance program for migrant seasonal farm workers About 75% of participants in the NFJP are Latino Providing Skills to Latino Workers through training programs at the Department of Labor

13. DRAFT 13 Filename/RPS Number Office of the Chief Economist  48.8 percent of youth between the ages of 16-24 were employed last July (59.2 percent in 2006)  Only 42.9 percent of Hispanic youth had a job this past July  Summer Youth Jobs Program Through the American Reinvestment and Recovery Act, 367,000 young persons had funded jobs in 2009 & 2010 In Summer 2011, DOL & the private sector employed over 80,000 youth  Summer Jobs Plus Program One-stop search tool for youth jobs postings supported by upport by Google, Internships.com, AfterCollege, LinkedIn Have over 180,000 job commitments for summer 2012 Providing opportunities for young Latinos is a priority for this Administration

14. DRAFT 14 Filename/RPS Number Office of the Chief Economist  Trade Adjustment Assistance Community College and Career Training U.S. Department of Labor and U.S. Department of Education Program will make available US $2 billion over the next four years TAACCCT provides community colleges and other eligible institutions with funds to expand to deliver education and training programs that can be completed within two years Four Hispanic-Serving Institutions received grant funding over the last year Community College of Denver, Gateway Community College, Sante Fe Community College, West Hills College LeMoore Re-training workers for the jobs of the next generation through Community Colleges

15. DRAFT 15 Filename/RPS Number Office of the Chief Economist  Community College to Career Fund $8 billion Community College to Career Fund would help forge partnerships between Community Colleges and employers The Fund would provide entrepreneurship training for five-million small business owners over three years The Fund will support community college-based training programs that : o Meet the needs of employers in growth and demand sectors o Support on-the-job training and registered apprenticeships Fund to Forge Partnerships between Community Colleges and employers

16. DRAFT 16 Filename/RPS Number Office of the Chief Economist The President’s UDW Program would help displaced Americans  Universal Displaced Worker Program Presidential proposal to give displaced workers $4,000 a year for up to two years to pursue training in technical fields to land new jobs It would also provide income support of between $150- $300 per week, reemployment services, reallocation allowances and wage insurance for older workers Up to a million workers a year would be eligible for help under the UDW Calls for the creation of the American Job Center Network, which would unify federally-supported One- Stop Career Centers

17. DRAFT 17 Filename/RPS Number Office of the Chief Economist  Sustain Maximum Pell grants Heath Care and Education Reconciliation Act (HCERA) of 2009 signed by the President doubled the award for Pell Grants from 4,730 in 2008 to 5,635 in 2013 The Department of Education estimates that some 150,000 additional Pell Grant awards will be made to Latino students by 2020 under this new law  Make permanent the American Opportunity Tax Credit (AOTC) The President signed and extended the HOPE credit of $2,500 tax credit for college tuition and worth up to $10,000 over four years of college in 2009 and 2010, which will expire in December 2012 In 2011, more than 9.4 million families received AOTC tax credits valued at $18.2 billion The President has proposed this tax credit permanent The President Working to Make College more Affordable

18. DRAFT 18 Filename/RPS Number Office of the Chief Economist  Increase funding for Work-Study Programs In the President’s 2013 Budget proposes increasing Work-Study funding by $150 million to double the number of work study jobs over the next five years Additional funding could provide grants to over 110,000 students  Other Presidential Proposals Over half of America’s Latino undergraduates attend a Hispanic- Serving Institution o HCERA of 2009 provides $1 billion in investments by 2020 Establishment of a $55 million fund for the Improvement of Post- secondary Education to help public and private colleges develop and test new strategies to boost student outcome o $20 million set aside for minority-serving institutions The President Working Making College more Affordable

19. DRAFT 19 Filename/RPS Number Office of the Chief Economist The Administration is working on a number of initiatives that effect Latino Youth  Citizenship and Integration The President’s budget calls for $20 million to promote citizenship through education and preparation programs The Budget also maintains funding for the Department of Education’s Office of English Language Education State Grants  Support the DREAM act Administration strongly supports the DREAM Act - it’s important for economic competitiveness, military readiness, and law enforcement efforts