Asset Based Loan

Nearly half of foreign born labor Hispanic

According to the May 26th, 10:00 A.M. release by the Bureau of Labor Statistics, nearly one half, or 49% of the foreign born labor force in the United States is Hispanic, compared to 8.5% of the native born workforce was Hispanic.

According to the bureau, 22.3% of the foreign born workforce was Asian, compared to 1.4% of the native born.   19% of the foreign born labor force was white, compared to 75% of the native born workforce.    8.8% was black, compared to 11.6% of the native born workforce.     The only category in which the foreign born work force was higher than for native born was blacks.   Every other foreign born workforce category was higher for foreign born than for native born.

This only indicates that there is a significant black work force in the United States already and that not as many blacks immigrate into the United States as other ethnic groups.    Additionally, the category is referred to as black rather than African American as many black immigrants are from the Western hemisphere, such as the west indies.

This percentage is expected to continue to rise rather than decline.

Small Business Loan Resources:

SBA Community Blog and Forum –  Blog and Forums by the SBA, Small business administration.   Questions can be asked and answers provided.

U.S. Department of Commerce – Helps american businesses become more innovative at home and competitive abroad.

U.S. Bureau of Economic Analysis – Provides statistics on consumer spending, corporate profits, travel and tourism and much more.

Entrepreneurworld – Resource for Entrepreneurs, including starting your own business, growing your business.

Bureau of Labor Statistics – Provides companies with up to date information on employment, demand, hiring, productivity and other information that may be useful to companies.

International Trade Administration – Creates jobs and economic growth by promotingU.S. companies abroad to governments in other countries.

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