Latinas in the United States are making progress in a number of areas, in fact, “extraordinary progress,” according to findings presented at a gathering at the White House.
The graduation rate among young Latinas increased 15 percent from 2003 to 2013, and a greater number of Latinas are continuing on to college.
The report also found that Hispanic women-owned businesses are growing at a faster rate than all women-owned businesses and represent more than $71 billion in revenue in 2014, with expectations it will increase further.
The findings were outlined Friday at a summit on Latina empowerment co-sponsored by the White House Initiative on Educational Excellence for Hispanics and the White House Office of Public Engagement and Intergovernmental Affairs.
“As one of the fastest-growing demographics in the US and the driving force behind a trillion dollar purchasing power, Latinas are redefining success and proving that when we invest in Latinas we invest in the success of our country,” said Alejandra Ceja, executive director of the White House Initiative on Educational Excellence for Hispanics.
Its findings mirror data the White House Council of Economic Advisers released earlier this month that stated the Hispanic community as a whole has made significant gains during President Obama’s time in office.
“Remember that no matter what room you are in and even if you are the only Latina in the room, the people who you are sitting with may or may not know that what you know and what you bring to the table is important,” said Cecilia Muñoz, Director of the Domestic Policy Council and the highest-ranking Latina in the White House. “But you know that it’s important, and you know that they need to benefit from what it is that you bring to the table.”
Muñoz added that “this country is only going to advance if we have the courage to assert ourselves and recognize that what we bring to it matters tremendously to the outcome.”