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June 2002 / Unsubscribe here
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US HISPANIC AND DIVERSITY NEWS

HACR's WorkForce 2002 report reveals:

  • the US's 42.6 million Hispanics are the largest and youngest minority and equal 14 percent of the total population with a buying power of $630 billion dollars annually, exceeding the GDP of Brazil or Mexico.
  • Hispanics represent 10.3 percent of the private sector workforce, but only 4.5 percent of managers and 3.8 percent of professionals.
  • Hispanics account for less than 1 percent of executives of the 1,000 largest US companies.

Few Hispanics think merit is key to job advancement.


BUSINESS BYTES

Univision creates media titan with acquisition of radio firm HBC in $3.5 billion all-stock deal.

Bloomberg Radio began broadcasting its Spanish- language radio report, "Reporte Financiero Bloomberg" throughout Latin America.

Rainbow/PUSH Coalition in 2000 bought shares of stock in 43 major corporations in Michigan with the goal of infusing color into the boardrooms.

Executive Promotions

  • GE Industrial appointed Ruben C. Berumen president and CEO, Power Controls B.V.
  • In May, Sears elected the head of the National Council of La Raza, Raul Yzaguirre to its Board.
  • Darden Restaurants promoted Dick Rivera to vice-chairman where he'll oversee Red Lobster, Bahama Breeze and real estate development.

 

THE LEGAL FRONT

Coca-Cola to pay $8 million in salary discrimination case.

EEOC files lawsuit against Cox Communications on behalf of Latino employees at Texas plant.

 
RECRUITING TOOLS
 

Interested in employing foreign-born RNs? Shusterman's is packed with useful information.

LatPro was mentioned in Fortune Magazine in May.  Our registered candidates now number over 196,000 and in the past week, we've made improvements to the way their resumes and your jobs display both online and in email. Come take a look!

Do you hire call center staff? Now when you post a job with LatPro in the call center industry, we can cross-post it to our partner CallCenterJobs.com for you. Call Jim Moylan at 1-888-353-7529 for details.

 
EVENTS YOU SHOULD KNOW ABOUT

9th Annual Ethnic Marketing Event in Chicago, September 25-26-27, 2002 - Featuring an impressive roster of advertisers including Kraft, McDonald's Corporation, Nestle, Nike, Colgate Palmolive, Southwest Airlines, American Family Insurance, Prudential, Walgreens and Mercedes Benz. Additionally, 17 CEOs will demonstrate cutting-edge strategies to capitalize on the $1.2 trillion purchasing power of a growing ethnic market. Contact 1-888-666-8514 or visit srinstitute.com.

Diversity salesforce recruiting events coming in July to Baltimore (7/16) and Atlanta (7/18). Info at (678) 802-6050.

Diversity Expo is the premier Equal Opportunity hiring event in NY & NJ. Register now for July expos. Meet 1000s of people of all backgrounds experienced in sales, management, financial, technology, retail, administrative, customer service, & more. Contact Rachel at 212-655-4505 ext. 255 or visit DiversityExpo.com for details.

Visit LatPro's calendar for other upcoming events and conferences related to doing business in Hispanic and Latin American markets.

 

LATPRO.COM
 

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At LatPro.com we have more than 196,000 of the best and brightest Spanish and Portuguese speaking professionals. We continue to win awards for results and customer service--but we'll let you be the judge. Come visit us through the links below.

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