The economy

This series of fact-sheets provide an overview of the tax, housing, and banking systems and how these impact Latinos and describe policies UnidosUS is advancing to grow Latino’s financial well-being and close the racial and ethnic wealth gap.

July 7, 2022

BankingEconomy and WorkforceGenerational WealthHousingand 4 more tags

To show how the current bank merger rules, and the acceleration of bank consolidation, adversely impacts low-income people and Latinos and how changes to these rules could help make the bank system more competitive, affordable, and inclusive of low-income people and Latinos.

June 13, 2022

EconomyFDICFederal Deposit Insurance CorporationRequest for Informationand 1 more tag

This is our written testimony submitted to the House Financial Services Committee on April 27, 2022.

April 27, 2022

BNPLBuy Now Pay LaterCFPBConsumer Financial Protection Bureauand 2 more tags

Fuente Credito was one of the programs that UnidosUS developed to address the lack of financial inclusion—a pillar of immigrant integration—in the Latinx immigrant community. The online platform, with the […]

April 22, 2022

EconomyfintechFuente CreditoSDLand 1 more tag

UnidosUS supports California SB 1176 to examine equity in financial services an important step in helping low-income Latino families build wealth.

April 19, 2022

CaliforniaEconomyFinancial ServicesWealth-Buidling

In response to a Request for Information from the Consumer Financial Protection Bureau regarding fees imposed by providers of consumer financial products or services (or junk fees), UnidosUS submitted a […]

April 11, 2022

CFBPConsumer Finance Protection BureauEconomyJunk Feesand 2 more tags

UnidosUS supports AB 2589 which supplements the income of low- and middle-income Californian workers backfilling the Earned Income Tax Credit (EITC) through a refundable tax credit.

March 25, 2022

CalEITCCaliforniaChild Tax CreditCTCand 2 more tags

In this report, we examine the gains achieved during President Joe Biden’s first year in office. This analysis includes an update to our Latino Inclusion Tracker from 2021 and outlines […]

January 24, 2022

Biden AdministrationCoronavirusCOVID-19Economyand 6 more tags

This is our written testimony submitted to the Select Committee on Economic Disparity and Fairness in Growth on January 20, 2022.

January 20, 2022

Citizenshipeconomic recoveryEconomyImmigration

The November 2021 jobs report showed the economy added 210,000, falling short of expectations ahead of the holiday season. Much of the job growth was led by the professional and […]

December 3, 2021

Economy and EmploymentEconomy and Workforce

The October 2021 jobs report showed that the economy added 531,000 jobs, with a slight decrease in unemployment rate that stands at 4.6%. The Latino unemployment rate edged down to […]

November 5, 2021

Economy and EmploymentEconomy and Workforce

The September 2021 jobs report showed that the economy added 194,000 jobs—well below the 500,000 number economists forecasted. Notable job gains occurred in the hospitality and leisure industry, a trend […]

October 8, 2021

Economy and EmploymentEconomy and Workforce