Latinos make up 32.5% of Arizona's population and a recent webinar looked at the important role Latinos play in shaping the U.S. economy.

According to the Latino Policy and Politics Institute at the University of California, Los Angeles - not only do Latinos have a high labor participation rate in the state of Arizona, they also are more likely to own a home relative to the average U.S. Latino.

The Brookings Institution has found Latino wealth has grown about 7% annually over the last 20 years, but a persistent wealth gap still exists between Latino and white families.

Joe Scantlebury is the president and CEO of Living Cities. He said it is important to look at the larger picture of the findings in the report.

"Yes, we are owning homes at a higher rate than some other groups, and I think that'll continue to rise," said Scantlebury. "But what is the quality of the homes that we are owning? Are they sustainable where they are? Are they being developed in ways that add value over time or do they just give us higher debt?"

Half of Latinos in Arizona are housing cost burdened, meaning they spend more than 30% of their income on housing.

Scantlebury added that he would like to see an "emergence of an equitable and inclusive economy."

The report calls for significant federal investments, subsidies and programs aimed at closing the Latino wealth gap.

Sylvia Puente is the president and CEO of the Latino Policy Forum.

She said many times when members of the Latino community are asked how to build wealth, many will respond with needing to take another job, or having to work more.

She said it is precisely this type of mentality within the Latino community that needs to change.

"We know that most wealth accumulation is not happening from people who are getting their hands, toiling their hands doing anything, right?" said Puente. "It is how money builds on top of money, so part of it is helping people understand the dynamics of what wealth is and how to build it."

Puente said Latinos across the United States are in different financial situations. Those who find themselves in economic precarity may have to first achieve stability before prioritizing wealth-building goals.


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As Pennsylvania voters head to the polls Tuesday, a new report takes a deep dive into how the economic policies of former President Donald Trump and Vice President Kamala Harris would affect Pennsylvania families.

The report showed the two campaigns differ significantly on policies proven to affect inequality, like labor unions, the minimum wage and taxation.

Gillian Kratzer, deputy director of the advocacy group Better PA, said when comparing a possible Harris administration to a potential Trump administration, you have to consider Project 2025, as the Trump campaign has remained silent on many key policy issues, such as minimum wage.

"The Democratic platform, which Kamala Harris endorses, proposes to enact a federal minimum wage of $15 an hour by 2026," Kratzer pointed out. "The phrase minimum wage is not in the Republican platform. It's not mentioned by the Trump campaign, and it's not in Project 2025 either."

A recent Gallup poll showed 70% of Americans support labor unions. Kratzer noted while the Republican platform and Project 2025 do not address unions broadly, they advocate removing union rights for national security-related jobs and question the role of public sector unions altogether.

Kratzer added the report compares the tax policies of Trump and Harris, highlighting how extending the 2017 Trump tax cuts would benefit the wealthy, while higher import tariffs and a lower corporate tax rate would mostly burden Pennsylvania's everyday consumers.

"Kamala Harris supports tax proposals that benefit families and workers raising children to pay for health care and housing affordability," Kratzer observed. "She wants to reform Medicare to raise taxes on those with incomes over $400,000. Where Donald Trump, we're looking at, you know, policies that would help basically the top 5%."

The report also found the Democratic platform supports attaching strong labor standards, such as prevailing wage laws and project labor agreements, to federal infrastructure and climate investments. Meanwhile, Project 2025 favors eliminating prevailing wage laws and use of project labor agreements on federally funded construction projects.

More than 500 Missouri businesses are rallying for Proposition A, pushing for a $15 per hour minimum wage and paid sick leave by 2026.

Backed by the group Missouri Business for a Healthy Economy, Proposition A plans to raise the minimum wage to $13.75 an hour next year and $15 by 2026, with additional annual cost-of-living adjustments. Tipped workers must earn at least half the minimum rate, plus tips.

Andi Montee, owner of the Mokaska Coffee Shop in St. Joseph, believes the wage increase would enhance Missouri's appeal.

"Having that standard and that security is just really important for people to look at Missouri for one as a place where they could live, where they could stay," Montee asserted. "Especially for young people who often times want to kind of move outside of the places they might have grown up in."

Not everyone is on board with the increase. Business groups like the Missouri Chamber of Commerce warned higher wages and required paid sick leave could increase costs, leading some businesses to cut staff, reduce hours or raise prices.

Despite the concerns, Missouri's minimum wage keeps rising, set at $12 in 2023 and adjusted to $12.30 in 2024. Montee believes higher wages for employees benefit employers as well.

"We will fight tooth and nail to keep our staff kind of working there, because training somebody is difficult, it costs money and it has all kinds of things that pop up in the long term," Montee outlined. "We feel pretty strongly that having that higher minimum wage is really a mutually beneficial thing."

Still, critics of the increase do not believe employers will benefit at all, contending it could harm young and entry-level workers, who might see fewer job openings as businesses face rising costs.


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A meeting last week between the Board of Education and its teachers' union in one Illinois town has left one group unhappy.

Members have voiced their displeasure with what it views as a lack of urgency in negotiations for better pay and more support. Contracts for the Meridian Federation of Teachers in Macon expired in August. Seventy teachers who are part of the bargaining unit have met with the board only six times since June.

Brian Pekovitch, teacher and president of the union, said they are seeking a resolution.

"We have another session planned with the mediator on Wednesday," Pekovitch noted. "We're very hopeful that we will be able to resolve these differences and come to an agreement to avoid a strike. That's the absolute last resort that we want to have happen."

Ninety-two percent of voting members of the union agreed last week to authorize a strike if more substantial progress is not made. The district has had difficulties even attracting substitute teachers for the school year. According to the education site niche.com, Macon County's teacher-to-student ratio is 14-1.

Pekovitch praised the support of parents and argued teachers are shouldering more than what their job description requires, which is taking a toll. He acknowledged teaching has changed from pre-pandemic days causing classrooms to struggle to meet students' needs. The union wants teachers to stay in the district and not seek higher salaries elsewhere.

"Our biggest thing has been just teacher retention," Pekovitch explained. "There's a problem with our pay when you're looking at teachers that have longevity in the district. Once you've been here longer, if you have higher education, there's just some gaps in there that we're trying to close to keep our more experienced teachers here."

Niche.com indicates the average teacher salary in the district is around $56,000. Pekovitch added the mindset that nice schools and newer technology alone would attract people to want to be in Macon "is just not the case anymore." The Meridian Community Unit School District serves a little more than 900 students in grades pre-K through 12.


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