"Latino-owned businesses will number 4.37 million this year, as projected by a Geoscape study.
This represents a growth of 31.6 percent since 2012, more than double the growth rate of all businesses in the U.S. (13.8 percent).
The Latino share of new entrepreneurs represents 24 percent of all businesses, compared to 10 percent a decade ago – a 140 percent increase. Latinos are 1.5 times more likely than the general population to start a business, according to the Kauffman Index of Entrepreneurial Activity.
While men owned more than 56 percent of Latino businesses in 2012, women now drive more of the growth. Between 2007 and 2012, the number of female Latino-owned businesses grew an incredible 87 percent.
Thursday, November 16, 2017
Why Immigration Is Good for Jobs
Because, at least based on this one piece of evidence, they're more entrepreneurial than natural-born citizens.