Five Star Bank
Safe Credit Union
The Annual State of Hispanics event serves as the premier forum for Hispanic economics across the Greater Sacramento Region. The event will kick off with the release and presentation of our 2023 Regional Hispanic Economic Report. This is our contribution to Hispanic Heritage Month at the Harris Center, in Folsom City College.
Our Honorary Chairs, the Honorable Rosario Rodriguez, Mayor, City of Folsom and Dr. Art Pimentel, President, Folsom Lake College exemplify the growing leadership of Latinos across our region. We are excited to have them join us in the release of the 2023 Regional Hispanic Economic Report.
Hispanics are creating an impact on our workforce, small business, economic growth, and community. What does this impact mean to our region? The 2023 report completed in partnership with Sacramento State and SACOG is the most comprehensive perspective of the State of Hispanics across our Sacramento region.
The Institute for Social Research and Center for Business Analytics at Sacramento State analyzed data from the U.S. Census and several state agencies. The research team also collaborated with the SACHCC to conduct interviews with community members. Researchers looked at eight economic domains to set the foundation for future reports: Population, Income, Education, Digital Access, Employment, Socio-Economic Status, Impact of COVID, Hispanic profiles.
Researchers looked at six counties, including Sacramento, El Dorado, Placer, Sutter, Yolo and Yuba. They found Hispanics are more likely to lack health insurance coverage, live at or below the poverty line, and receive SNAP benefits than other ethnic groups. The data also showed that Hispanics were more likely to work jobs that could not be completed remotely during the COVID-19 pandemic, like farming and construction.
SACHCC is the first Hispanic chamber in the state to conduct such an in-depth economic study.