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February 2002 / Unsubscribe here
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US HISPANIC AND DIVERSITY NEWS


Corporate executives rate effectiveness of diversity programs more highly than do minority professionals according to a recent Korn Ferry study.

Hispanic internet use reaches 50%.

Hispanic publisher characterizes Hispanic chamber as public relations tool for corporate America and questions ethics of competing with its own members.

People of color now own nearly 15 percent of U.S. businesses while 5.8 percent of all businesses are owned by Hispanic Americans according to a recent SBA report titled "Minorities in Business". Of minority-owned businesses 39.5 percent were Hispanic-owned, 30.0 percent Asian-owned, 27.1 percent Black-owned, and 6.5 percent American Indian-owned.

The U.S. Hispanic homeownership rate increased from 47.5% to 48.8% in 2001, a marginal increase that was twice as large as white Americans and more than four times the rate of African Americans.


BUSINESS BYTES

Hispanic-targeted ad agencies are buried in work, confirmation that they've finally earned a significant share of big corporate marketing budgets.

Cuba will buy more American food if the U.S. government continues to allow sales.

20 Argentine bankers banned from leaving country.

Mexico earns investment grade rating after defaulting 8 times.

 

THE LEGAL FRONT

EOC sues Target for racial bias.

American Express settles discrimination suit for $31 million.

Discrimination complaints rose 1.2 percent last year to 80,840.

MetLife settlement largest on record in race-based pricing.

Supreme Court - the broadcast industry not required to improve minority recruiting.

Bias insurance harder to get.

Atlanta to pay $25 million to white librarians.

 
RECRUITING TOOLS & USEFUL LINKS
 

How to make an impact as a diversity director - affect the revenue stream.

LatPro is a co-founder of NicheBoards.com, an alliance of the top independently owned job boards and your guide to the leading boards for specific industries, professions and specialties. Our job boards all have top rankings by CareerXroads and Weddles - they are the best of the best. NicheBoards.com offers an attractive alternative to the generalist boards. Hunt with a rifle, not a shotgun. Get focused, go niche! Visit NicheBoards.com.

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

Join fellow diversity champions at the 3rd Annual Summit on Leading Diversity, April 8-11, 2002, Atlanta, GA. Celebrate the progress made in the field of diversity and acquire new strategies to drive your diversity initiatives to the next level. Click here and mention discount code 02DIV-LP1 to receive $100 off the registration fee.

Diversity Expo is the premier Equal Opportunity hiring event in NY, NJ, & PA. Register now for March & April 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.

Check LatPro's list of other upcoming events and conferences related to doing business in Hispanic and Latin American markets.

 

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