Rakesh Kochhar

Long-term unemployment takes a much deeper toll than short-term unemployment on a person's finances, emotional well-being and career prospects.

The current recession is having an especially severe impact on employment prospects for immigrant Hispanics.

The current economic slowdown has taken a far greater toll on non-citizen immigrants than it has on the United States population as a whole.

Foreign-born Latinos, especially the newly arrived, were much less likely to be low-wage earners in 2005 than in 1995.

The Hispanic unemployment rate reached a historic low in the second quarter of 2006.

Rapid increases in the foreign-born population at the state level are not associated with negative effects on the employment of native-born workers.

Hispanics and whites perform different types of work in the labor market. Moreover, the occupational divide between the two largest segments of the labor force appears to be widening.

The Hispanic population is growing faster in much of the South than anywhere else in the United States.

Hispanic households have less than ten cents for every dollar in wealth owned by White households.

The "jobless recovery" may have turned around, but gains for Latinos have not been widespread. Immigrant Latinos, especially the most recent arrivals, have captured the most jobs.