the 2021 illinois latino gdp report

32
The 2021 Illinois Latino GDP Report An Economic and Demographic Profile September 17, 2021

Upload: others

Post on 01-Oct-2021

5 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: The 2021 Illinois Latino GDP Report

The 2021 IllinoisLatino GDP Report

An Economic and Demographic Profile

September 17, 2021

Page 2: The 2021 Illinois Latino GDP Report

Present:How Do Latinos Support

the Illinois Economy?

Page 3: The 2021 Illinois Latino GDP Report

Latino Population Change, Illinois 1980-2018

• 635,602 in 1980

Page 4: The 2021 Illinois Latino GDP Report

635,602

904,446

1,530,262

2,027,5782,209,442

0

500000

1000000

1500000

2000000

2500000

3000000

1980 1990 2000 2010 2018

Popu

latio

n

Latino

Latino Population Change,Illinois 1980-2018

Bank of America

Center for Economic Research & Forecasting: 2021 State Latino GDP Report

Source: Historical Census (1980), CESLAC Tabulations of American Community Survey Data (2018)

Page 5: The 2021 Illinois Latino GDP Report

Latino Population Change, Illinois 1980-2018

• 635,602 in 1980

• 2.2 million in 2018

Page 6: The 2021 Illinois Latino GDP Report

Latino Population Change, Illinois 1980-2018

• 635,602 in 1980

• 2.2 million in 2018

• 247.6% growth 1980-2018

Page 7: The 2021 Illinois Latino GDP Report

Younger Non-Hispanic Whites, Older Non-Hispanic Whites, Illinois 2018

• Elderly- majority are non-Hispanic White

• Youth-– Near majority are Not White

– One-fourth are Latino

Page 8: The 2021 Illinois Latino GDP Report

24.7%

6.8%

51.2%

76.3%

0%

25%

50%

75%

100%

Millennial (0-19) Parental (65+)

Perc

ent o

f Pop

ulat

ion

Latino Non-Hispanic White

Millennial and Parental Age,Latino and Non-Hispanic White, Illinois 2018

Bank of America

Center for Economic Research & Forecasting: 2021 State Latino GDP Report

Source: CESLAC Tabulations of American Community Survey Data (2018)

Page 9: The 2021 Illinois Latino GDP Report

24.7%

6.8%

51.2%76.3%

14.6%11.6%

4.9%4.4%4.6% 0.9%

0%

25%

50%

75%

100%

Millennial (0-19) Parental (65+)

Perc

ent o

f Pop

ulat

ion

Latino Non-Hispanic WhiteNon-Hispanic Black Non-Hispanic Asian/Pacific IslanderOther

Millennial and Parental Age,By Race/Ethnicity, Illinois 2018

Bank of America

Center for Economic Research & Forecasting: 2021 State Latino GDP Report

Source: CESLAC Tabulations of American Community Survey Data (2018)

Page 10: The 2021 Illinois Latino GDP Report

Educational Increase, Latino Millennials over Latino Parental Generation, Illinois 2018

• Higher percent are high school graduates

• Higher percent attending college

Page 11: The 2021 Illinois Latino GDP Report

92.4%

46.8%

54.0%

20.5%

0%

25%

50%

75%

100%

High School College

Perc

ent o

f Pop

ulat

ion

Latino Millennial (25-29) Latino Parental (65-69)

Latino High School and Latino College Attendance,Millennial and Parental Generation, Illinois 2018

Bank of America

Center for Economic Research & Forecasting: 2021 State Latino GDP Report

Source: CESLAC Tabulations of American Community Survey Data (2018)

Page 12: The 2021 Illinois Latino GDP Report

Self-Sufficiency in Employment, Illinois 2018

• Private sector employment— Latinos are higher percentage

• Public sector— Latinos are a lower percentage

Page 13: The 2021 Illinois Latino GDP Report

81.7%

7.2%

68.6%

12.7%

0%

25%

50%

75%

100%

Private Sector Government Sector

Latino Non-Latino

Self-Sufficiency – Private Sector And Government Sector Employment, Latino and

Non-Latino, Illinois 2018

Bank of America

Center for Economic Research & Forecasting: 2021 State Latino GDP Report

Source: CESLAC Tabulations of American Community Survey Data (2018)

Page 14: The 2021 Illinois Latino GDP Report

Healthy Profile, United States, 2019

• Top 5 causes of death1. Heart Disease

2. Cancer

3. Unintentional Injuries

4. Chronic Lower Respiratory Disease

5. Stroke

Center for Economic Research & Forecasting: 2021 State Latino GDP Report

Source: NCHS Data Brief, no 395. Hyattsville, MD: National Center for Health Statistics. 2020. Bank of America

Page 15: The 2021 Illinois Latino GDP Report

Healthy Profile, Illinois 2018

• Top 5 causes of death— Latinos have lower age-adjusted mortality rate than non-Hispanic Whites– heart disease, cancer, unintentional injuries and

chronic lower respiratory disease, and stroke

Page 16: The 2021 Illinois Latino GDP Report

90.7103.0

30.5

10.1

30.2

163.9156.9

46.040.1 34.8

0

20

40

60

80

100

120

140

160

Heart Disease Cancer UnintentionalInjuries

Chronic LowerRespiratory

Disease

Stroke

Age-

Adju

sted

Dea

th R

ate

per 1

00,0

00

Latino Non-Hispanic White

Age-Adjusted Death Rates, Latino and Non-Hispanic White, Illinois 2018

Center for Economic Research & Forecasting: 2021 State Latino GDP Report

Source: CESLAC Tabulations of NCHS Underlying Cause of Death Data, CDC WONDER Database (2018) Bank of America

Page 17: The 2021 Illinois Latino GDP Report

Healthy Profile, Illinois 2018

• Low birth weight babies— Latinos have a lower percentage than non-Latinos

Page 18: The 2021 Illinois Latino GDP Report

7.5% 7.5%

8.8%8.5%

0%

1%

2%

3%

4%

5%

6%

7%

8%

9%

10%

Illinois United States

Perc

ent o

f Birt

hs

Latino Non-Latino

Healthy Babies – Percent Born with Low Birth Weight, Latino and Non-Latino, Illinois and

United States 2018

Bank of America

Center for Economic Research & Forecasting: 2021 State Latino GDP Report

Source: CESLAC Tabulations of NCHS Natality Public-Use Data, CDC WONDER Database (2018)

Page 19: The 2021 Illinois Latino GDP Report

Healthy Profile, Illinois 2018

• Top 5 causes of death— Latinos have lower age-adjusted mortality rate than non-Hispanic Whites

• Low birth weight babies— Latinos have lower percentage than non-Latinos

• Life expectancy— Latinos have higher years of life expectancy than non-Hispanic Whites

Page 20: The 2021 Illinois Latino GDP Report

82.981.8

79.2 78.6

60

65

70

75

80

85

Illinois United States

Year

s of L

ife

Latino Non-Hispanic White

Healthy Profile – Life Expectancy,Latino and Non-Hispanic White, Illinois and

United States, 2018

Bank of America

Center for Economic Research & Forecasting: 2021 State Latino GDP Report

Source: CESLAC Tabulations of Robert Wood Johnson Foundation Data (2018)

Page 21: The 2021 Illinois Latino GDP Report

2021 How do Latinos Support the Illinois Economy?

• Population growth• Youth into labor force• Rising high school graduates• Rising college attendees• Private sector employment• Healthy profile• Long life expectancy

Page 22: The 2021 Illinois Latino GDP Report

FutureHow Will Latinos Support

the Illinois Economy?

Page 23: The 2021 Illinois Latino GDP Report

Latinos Rise to COVID’s Challenge:2020-2021

Page 24: The 2021 Illinois Latino GDP Report

Latinos Rise to COVID’s Challenge

• Labor Force Recovery

Page 25: The 2021 Illinois Latino GDP Report
Page 26: The 2021 Illinois Latino GDP Report

Latinos Rise to COVID’s Challenge

• Labor Force Recovery

• Helping Hand for Others

Page 27: The 2021 Illinois Latino GDP Report

Remittances to Mexico, 2019-2021

Page 28: The 2021 Illinois Latino GDP Report

Remittances to Mexico, 1995-2021

Page 29: The 2021 Illinois Latino GDP Report

Latinos Help Family or Friends: Latinos who lost jobs vs. Latinos who did not lose jobs/wages,

U.S., March 2021

46%

32% 30%

69%

34%

24% 22%

60%

0%

10%

20%

30%

40%

50%

60%

70%

80%

Groceries, Errands,Child Care

Remittance to AnotherCountry

Remittance to U.S. Helped in More thanOne Way

Lost Job/Wages Did Not Lose Job/Wages

Bank of America

Center for Economic Research & Forecasting: 2021 State Latino GDP Report

Source: Pew Research Center, July, 2021, “For U.S. Latinos, COVID-19 Has Taken a Personal and Financial Toll.”

Page 30: The 2021 Illinois Latino GDP Report

Latinos Rise to COVID’s Challenge

• Labor Force Recovery

• Helping Hand for Others

• Optimism

Page 31: The 2021 Illinois Latino GDP Report

Latino Optimism, 2008-2021

Page 32: The 2021 Illinois Latino GDP Report

Latinos Rise to COVID’s Challenge:2020-2021

Confidence

Optimism

Resilience