A New Study Finds Latinos Believe In The American Dream But That It Has Become Too Hard To Achieve
Latinos are very optimistic and generally happy people — it’s actually been scientifically proven. Despite the troubles we face, we tend to look on the bright side and hope for the best, which is why the results of a study conducted by the Pew Research Center about the American Dream isn’t all that surprising. Even with the kind of rhetoric from the White House and hate from so many people, Latinos believe that hard work is the key to success in the U.S.
While the majority of Latinos believe that with hard work they can achieve success, less than half feel like they can acquire the “American Dream.”
The definition of the “American Dream” can vary depending on who you ask. Generally speaking it means attaining a good paying job, with benefits and owning a home for you and your family.
The 2016 study shows that 77 percent of Latinos say “most people can get ahead with hard work.” Interestingly enough, Latinos — more than any other group — are optimistic about the “American Dream.”
Furthermore, 75 percent of Latinos say that their way of life right now is a huge improvement from that of their parents. Seventy-two percent say their children’s lives will also be better than their parents. Of the rest of the general public — about 56 percent — say they are better off than their parents and only 46 percent feel like their kids lives will be an improvement from their own.
About 51 percent of Latinos feel like they have already gained the “American dream.” However, 74 percent say attaining the “American Dream” is too difficult.
More findings show that Latinos are making strides — at least now in the current booming economy. New census data released this week shows that Latino households are seeing an increase in their income.
The Wall Street Journal reported that the “median income for Hispanic households rose 3.7 percent in 2017, to $50,486, adjusted for inflation.” These figures show a 20 percent continuing trend that income in Latino households continues to increase for the past five years.
Another Pew Research survey shows findings that correlate to the higher income figures, and that the number of unemployed Latinos has reached a historic low. While the number shows that Latino unemployment rate is currently at 4.7 percent, the data also shows that Latinos have not fully recovered from the recession.
All of this data goes to show that Latinos are truly living better and more productive lives in this country. In the face of anti-Latino and anti-immigrant rhetoric, Latinos continue to push for better lives within the U.S.
READ: My Parents Made Way Less Money Than I Do, But This Is How They Managed Their Budget To Raise 5 Kids
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