WHY OUR WORK MATTERS
The growing Latino population has dramatically changed the complexion of the United States and the State of Colorado. By 2050, population estimates predict that one in three Americans will be Latino. In Colorado, more than 21 percent of the population is Latino, averaging the age of 26. The percentage of Latinos is going to continue to grow significantly over the next several decades.
WHY OUR WORK MATTERS
Over the next 20 years, Colorado’s population will increase for its current share of 21 percent to 33 percent. The demographic destiny of Colorado and the U.S. will be characterized by the growing Latino population. In fact, Latinos will have an impact on all aspects of life.
By 2050, Latinos will account for nearly 40% of Colorado's population.
Over the next 5 years Latino's will account for 50% of Colorado's workforce replacement.
By 2020, researchers estimate that Latinos will fuel nearly a quarter of all U.S. GDP growth, and represent 12.7% of the country's total GDP.
Last year, Latinos spent more than $12.3 billion dollars in Colorado.
Across all sectors, Latinos are underrepresented in leadership roles. Though Latinos represent 19 percent of the American workforce, they represent only three percent of Fortune 500 board of directors and two percent of Fortune 500 CEOs. In the philanthropic sector, Latinos account for less than three percent of foundation CEOs or presidents. In the political sector, only two percent of all local, state, and national elected offices are held by Latinos nationally. Of the 681 elected offices in Colorado, only 53 (seven percent) are held by Latinos.
Last year, Latinos spent more than $12.3 billion in Colorado. Latino-owned small businesses were an important factor in the state’s economic recovery. However, Latinos are almost non-existent on the boards of Colorado-based corporate boards, C-suite executive roles, or trade associations.
To ensure that Latinos serve in greater leadership roles, the LLI trains, supports, and elevates professional and executive Latinos to positions of influence.
DEMOGRAPHY DOES NOT DETERMINE DESTINY
Across all sectors, Latinos are underrepresented in leadership roles.
Latinos represent 19 percent of the American workforce, yet only 3 percent of Fortune 500 board of directors and 2 percent of Fortune 500 CEOs.
In the political sector, only 2 percent of all local, state, and national elected offices are held by Latinos nationally. Of the 681 elected offices in Colorado, only 53 are held by Latinos.
Latinos account for only 10 percent of non-profit Executive Directors.