The demographics of the U.S. population are changing dramatically. We are becoming a much more diverse society due to the growth of minority populations and immigration. Illegal immigration is a hot topic, generating strong feelings on both sides of the issue. The Office of Immigration estimates that 11 million illegal immigrants are living in the U.S. today; 3 million arrived in the past 10 years. Congress and President Barack Obama plan to introduce legislation to change the status of immigrants who are currently in the U.S. illegally. It is clear that immigration — regardless of status — is changing the demographic makeup of the U.S. population.
Where do the minority populations live? Do their locations vary by the minority racial or ethnic type?
According to Esri, a geographic information systems company, in 2012, 115.8 million people in the U.S. identify themselves as a minority race or ethnicity. This includes 52.8 million Hispanics, 39.5 million blacks, and 15.2 million Asians as well as other races which includes American Indian and Pacific Islanders. (read more…)
The majority of investment professionals think the presidential election will affect both the U.S. and global economic recovery, the CFA Institute reported in a recent survey. According to the results, 80% of the more than 2,600 members who responded think the outcome of the election will affect the U.S. recovery, while 63% of respondents said they think the election will affect the global economic recovery.
Half of all respondents think the impact on the U.S. economic recovery will depend on who wins the election. Meanwhile, 29% think there will be an impact regardless of who wins.
A full 20% of all respondents think the result of the election will not have any impact on the recovery of the U.S. economy.
The survey also provided some insight into the thinking of members of the C-suite, with 72% of C-level executives thinking the election will affect the global economic recovery, compared to 62% of respondents who hold other titles. (read more…)
This post was written by Cindy Kraft, the CFO Coach, who is a career and personal-brand strategist for CFOs and corporate finance executives.
SmartPulse — our weekly nonscientific reader poll in SmartBrief for CFOs — tracks feedback from leading CFOs and senior finance executives. We run the poll question each Wednesday in our e-newsletter.
Last week, we asked: Will the debt ceiling be raised?
Yes — with tax increases and spending cuts
60.65%
Yes — with spending cuts, but no tax increase
30.09%
No — the parties are too far apart
9.26%
Raising the roof: More than 90% of you say the debt ceiling will be raised, you just differ on whether or not tax hikes will accompany the increase. Thirty percent expect there will be no tax hikes; while the rest see tax increases heading our way. Less than 10% say no compromise is possible given how far apart the parties are today. (read more…)
This post was written by Cindy Kraft, the CFO Coach, who is a career and personal-brand strategist for CFOs and corporate finance executives.
SmartPulse — our weekly nonscientific reader poll in SmartBrief for CFOs — tracks feedback from leading CFOs and senior finance executives. We run the poll question each Wednesday in our e-newsletter.
Last week, we asked: Would an 18-month suspension of the payroll tax be the catalyst needed for your company to increase hiring?
No holiday break: Only 13% of you would absolutely increase hiring if a payroll tax was implemented, while the majority (80%) would either not hire or hire only if additional employees were needed. What would it take for your company to start hiring? (read more…)
This post was written by Cindy Kraft, the CFO Coach, who is a career and personal-brand strategist for CFOs and corporate finance executives.
SmartPulse — our weekly nonscientific reader poll in SmartBrief for CFOs — tracks feedback from leading CFOs and senior finance executives. We run the poll question each Wednesday in our e-newsletter.
Last week, we asked: What do you think of S&P’s downgrading of the U.S. credit outlook to negative?
It’s a strong warning to Congress to get its fiscal house in order
76.64%
It’s nothing serious — just a public slap on the wrist for show
10.28%
It’s a sure sign we’re on the way to losing our triple-A rating
9.81%
It’s a ploy to get Congress to raise the debt ceiling
3.27%
A clear sign: An overwhelming majority of you see the S&P downgrade as a serious issue, with another 10% concerned about losing our AAA rating. (read more…)
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