Polysemy

Generation Brings Opportunities to Communities Hit Hardest Amid the Pandemic

Retrieved on: 
Thursday, January 14, 2021

WASHINGTON, Jan. 14, 2021 /PRNewswire/ -- Generation USA , a workforce development nonprofit transforming the education to employment ecosystem, offers reskilling and training programs at no cost to the unemployed with priority admissions for Black and Latinx communities, as well as women the communities who have been hit hardest amid the resurgence of the pandemic in late 2020.

Key Points: 
  • WASHINGTON, Jan. 14, 2021 /PRNewswire/ -- Generation USA , a workforce development nonprofit transforming the education to employment ecosystem, offers reskilling and training programs at no cost to the unemployed with priority admissions for Black and Latinx communities, as well as women the communities who have been hit hardest amid the resurgence of the pandemic in late 2020.
  • All-time enrollment data provided by Generation reveals that, of its participants who opted to provide their ethnicity, Black and Latinx individuals made up nearly 70% of participants.
  • Throughout the pandemic, 40 million people have become unemployed in the U.S. 42% of the jobs lost are not coming back.
  • To date, more than 38,000 people have graduated from Generation programs, which prepare them for meaningful careers in 14 countries.

2020 Women and Investing Study: Confidence and Concerns for Female Investors

Retrieved on: 
Thursday, December 17, 2020

The J.P. Morgan Wealth Management Women and Investing Study reviewed the investing habits of affluent women in 2020.

Key Points: 
  • The J.P. Morgan Wealth Management Women and Investing Study reviewed the investing habits of affluent women in 2020.
  • The study includes the following significant findings about investing behaviors:
    19% of affluent Black and Latinx women surveyed started investing in 2020 to capitalize on this years market volatility, compared to 5% of affluent white women.
  • In addition, nearly 30% of affluent Black and Latinx women financially supported friends and family in 2020, compared to 11% of affluent white women.
  • The 2020 Women and Investing Study was an online survey of 1,375 women investors (779 White/Caucasian and 596 Women of Color).

Accenture Promotes 605 New Managing Directors and Appoints 63 New Senior Managing Directors

Retrieved on: 
Tuesday, December 1, 2020

Accenture (NYSE: ACN) today announced the promotion of 605 people to managing director, and the appointment by the CEO of 63 people to senior managing director including a record percentage of women.

Key Points: 
  • Accenture (NYSE: ACN) today announced the promotion of 605 people to managing director, and the appointment by the CEO of 63 people to senior managing director including a record percentage of women.
  • This will increase representation of African American and Black managing directors from 2.8% to 4.4% and of Hispanic American and Latinx managing directors from 3.5% to 4.7%.
  • Among the 37 new senior managing directors in the US, 3% (1) are African American/Black and 3% (1) are Hispanic American/Latinx.
  • Among the 37 new managing directors promoted in the UK, 5% (2) are Black, which brings the total to 1.4% (9) Black managing directors.

Young Latinx Voters Dominate Early Vote Across Battleground States Heading into Election Day

Retrieved on: 
Tuesday, November 3, 2020

WASHINGTON, Nov. 3, 2020 /PRNewswire/ -- Young Latinx voters in battleground states are turning out in massive early voting numbers, setting the stage for record turnout as the election closes.

Key Points: 
  • WASHINGTON, Nov. 3, 2020 /PRNewswire/ -- Young Latinx voters in battleground states are turning out in massive early voting numbers, setting the stage for record turnout as the election closes.
  • Across the battleground states of Texas, Florida, Pennsylvania, Nevada, Arizona, and North Carolina, a full 33% of Latinx early votes came from voters who did not cast a ballot in 2016.
  • At this point, young Latinx voters make up the largest bloc within the Latinx electorate, the only group for which this is the case.
  • In early voting, Latinx turnout is at its highest level ever, with 6,810,948 votes cast, compared to 3,710,270 cast at this point in 2016.

Meet The Most Influential Group of Tech Leaders Working On Having 40 American LatinX Billion-Dollar Founders by 2040

Retrieved on: 
Thursday, October 29, 2020

Their mission is to have 40 American LatinX founders running billion-dollar tech companies by 2040.

Key Points: 
  • Their mission is to have 40 American LatinX founders running billion-dollar tech companies by 2040.
  • With more than 10 American LatinX founders already achieving this in their group, they are already well on their way.
  • With their mission to have 40 American LatinX founders running billion-dollar tech companies, the TLTL group is shattering stereotypes and redefining the landscape of American Latinx-led tech companies in Silicon Valley and across the US.
  • In order to reach our goal of having 40 American LatinX founders running billion-dollar tech companies by 2040, we must keep our group of LatinX leaders highly visible and work together to inspire and prop the doors open to the next generation of American LatinX tech leaders," says Ricardo Garcia-Amaya, the founder of The Top American LatinX Tech Leaders group.

AMA report examines existing Latinx inequity driving disproportionate COVID-19 impact

Retrieved on: 
Thursday, October 22, 2020

Latinx individuals make up roughly 19% of New York's population; yet account for 34% of COVID-19 fatalities.

Key Points: 
  • Latinx individuals make up roughly 19% of New York's population; yet account for 34% of COVID-19 fatalities.
  • In addition, researchers cite a lack of consistent race and ethnicity data state reporting as a barrier to capturing the real impact of the pandemic on the Latinx community.
  • As the report notes, these elements combined leave the Latinx population inconsequential in pandemic recovery and prevention planning.
  • The report also identifies the existing drivers behind the Latinx community's vulnerability to the pandemic.

Sankofa.org and The Latino Community Foundation Join Forces with The Young Turks in Final Push to Reach 125 Million Latinx Voters Before Nov. 3rd Election

Retrieved on: 
Monday, October 19, 2020

The event will be streamed on The Young Turks Facebook channel at 7:30pm - 9:00pm EST (4:30pm - 6:00pm PST) on October 20, 2020.

Key Points: 
  • The event will be streamed on The Young Turks Facebook channel at 7:30pm - 9:00pm EST (4:30pm - 6:00pm PST) on October 20, 2020.
  • The event is predicted to reach over 125 million Latinx youth from across the country, with a special focus on California, Florida, Ohio, Pennsylvania, and Texas.
  • TMTVTV has given us a way in which to culturally engage the artistic and influencer community to inspire the Latinx vote.
  • Latinos are the second-largest voting bloc in the nation with 32 million are eligible voters, says Jacqueline Martinez Garcel, CEO of the Latino Community Foundation .

Latinx Americans are Driving U.S. Homeownership Gains

Retrieved on: 
Monday, October 12, 2020

Latinx Americans are a massive and diverse group, with more than 200 unique ancestriesiii among the 60 millioniv who live in the U.S., and their homeownership gains in recent years have far exceeded those of other groups.

Key Points: 
  • Latinx Americans are a massive and diverse group, with more than 200 unique ancestriesiii among the 60 millioniv who live in the U.S., and their homeownership gains in recent years have far exceeded those of other groups.
  • After gains in the 1990s and early 2000s, this contributed to the Latinx homeownership rate falling to 44.1% in 2015 -- the lowest since 1998ii.
  • Latinx Americans of Spanish descent have the highest homeownership rate at 63%, while households headed by someone of Dominican descent have the lowest at 29%iii.
  • To reach homeownership, Latinx buyers more often put other life milestones on hold because of the financial burden.

Greenwood closes $3 million seed round to build online banking solution for Blacks and Latinx

Retrieved on: 
Thursday, October 8, 2020

ATLANTA, Oct. 8, 2020 /PRNewswire/ --Greenwood has secured $3 million in seed funding from private investors as the first digital banking platform for Black and Latinx people and business owners.

Key Points: 
  • ATLANTA, Oct. 8, 2020 /PRNewswire/ --Greenwood has secured $3 million in seed funding from private investors as the first digital banking platform for Black and Latinx people and business owners.
  • Greenwood features best-in-class online banking services and innovative ways of giving back to Black and Latinx causes and businesses.
  • Ambassador to the United Nations, and former Mayor of Atlanta
    "It's no secret that traditional banks have failed the Black and Latinx community," said Ryan Glover.
  • And every month, Greenwood will provide a $10,000 grant to a Black or Latinx small business owner that is a Greenwood customer.

New Report Explores Financial Health of Young Adults of Color

Retrieved on: 
Tuesday, September 29, 2020

The report finds that Black and Latinx young adults face unique challenges in building and maintaining financial health that their White and Asian American counterparts do not.

Key Points: 
  • The report finds that Black and Latinx young adults face unique challenges in building and maintaining financial health that their White and Asian American counterparts do not.
  • "A legacy of systemic racism has taken a toll on the financial lives of Black and Latinx young adults, said Thea Garon, senior director, Financial Health Network.
  • A quarter of Black young adults (25%) say they have no personal savings, compared with 14% of Latinx and White young adults, and 6% of Asian American young adults.
  • 31% of Black and 28% of Latinx young adults report having more debt than is manageable, compared with 22% of White and 17% of Asian American young adults.