James Gutierrez, Progress Financial raises $4.4 million from Greylock Capital Q1 07In a continuously changing knowledge-based economy, human capital and information is the key to innovation, productivity and wealth creation. The basic unit of production is now the individual, and its vision of the economy and its surroundings. In New England, a growing proportion of those individuals are Latinos.
Latinos represented 43 percent of New England's net population growth in the 1990s, and 100 percent of net population growth in 15 of the region's 20 cities with populations of 75,000 or more. Latinos must become a part of New England's future skilled workforce if the region is to prosper.
Nationally, regionally, and locally, the Hispanic market has exploded during the past decade. The Hispanic Population grew by 58%, from 22.4 million in 1990 to 35.3 million in 2000, and is expected to triple by 2050.
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