Latinos’ Incomes Higher Than Before Great Recession, but U.S.-Born Latinos Yet to Recover
“…Overall gain is driven by rise in share of higher-income immigrants who have lived in the U.S. for more years… U.S.-born Latinos have yet to recover financially from the Great Recession.The Great Recession of 2007-09 triggered a lengthy period of decline in the incomes of American workers. Since hitting a trough stretching from 2012 to 2014, their financial fortunes appear to be on the mend – in 2017, a decade after the recession began, the median personal income of American workers stood 3% higher than in 2007…”
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