Hispanic population boom fuels rising U.S. diversity

The nation is becoming even more diverse: More than one third of its population belongs to a minority group, and Hispanics are the fastest-growing segment. The U.S. Census Bureau reported Thursday that the minority population reached an estimated 104.6 million -- or 34 percent of the nation's total population -- on July 1, 2008, compared to 31 percent when the Census was taken in 2000. Nearly one in six residents, or 46.9 million people, are Hispanic, the agency reported. Even more telling for the future: 44 percent of children younger than 18 and 47 percent of children younger than the age of five are now from minority families. The quickly expanding Latino population is having a healthy impact on the economy, according to Ken Gronbach, author of "The Age Curve: How to Profit from the Growing Demographic Trend." "Latinos have saved our country," he said. "They represent 14 percent of the population but 25 percent of the live births. The United States is the only western industrialized nation with a fertility rate above the 2.2 percent replacement rate." READ FULL STORY
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