U.S. Census Bureau releases:
· 'Income and Poverty in the United States: 2017' - its findings on income and poverty for the nation based on the 2018 Annual Social and Economic Supplement to the Current Population Survey;
· 'The Supplemental Poverty Measure: 2017' - its findings on the supplemental poverty measure for the nation based on the 2018 Annual Social and Economic Supplement to the Current Population Survey;
· 'Health Insurance Coverage in the United States: 2017' - its findings on health insurance coverage, including national-level statistics from the 2018 Annual Social and Economic Supplement to the Current Population Survey;
· some national-level and state-level statistics from the American Community Survey.
Texas State Demographer Lloyd Potter said there's more good news for workers in America, regardless of race or ethnicity, in regards to income. More people are working and earning more money. For the third consecutive year, there's an increase in median household income.
“In terms of percent increase, Latinos seem to have more than other race ethnic groups, partly also because their income levels are lower, so that it’s easier for them to increase,” said Potter.
The report shows the pay gap is widening men had a significant income increase, women's income was not a significant increase.
Potter, who is also a professor at University of Texas at San Antonio said the other big takeaway is that
The Latino population is growing consistently with more births than deaths.
“Hispanics tend to be a younger population, meaning they don’t have that many older people compared to the people who are at younger ages and certainly at the reproductive or family formation ages,” said Potter.
He added Hispanics are having more babies than everyone else.