Talroo now offers Spanish-language translation for all positions on Jobs2Careers.com, its proprietary job board. The company made the move with an eye on the growing Hispanic community and the rising number of employers making the recruitment and hiring bilingual employees a priority.
Talroo said the U.S. Spanish-speaking population is second only to Mexico’s. More than 75% of Hispanic workers report using job search sites, the company said. Government figures show the number of Hispanic workers in the labor force stood at approximately 29 million in 2020. Projections indicate that figure will reach 35.9 million in 2030.Talroo now offers Spanish-language translation for all positions on its proprietary job board. #HR #HRTech @Talroo_Official Click To Tweet
Between 2020 and 2030, Hispanics will account for 78% of net new workers. Most will be younger digital natives and in the working group of 25 to 54 years old, with a median age of 38.5.
And, From 2018 to 2028, the Hispanic share of the labor force is projected to increase more than that of any other race or ethnic group, from 17.5% in 2018 to 20.9% in 2028, according to the U.S. Bureau of Labor Statistics. From 2018 to 2028, the share for Hispanic men is projected to increase from 9.9% to 11.7%, while the share for Hispanic women is projected to increase from 7.5% to 9.2%.
“Employers need to be in front of the right candidate at the right time, especially as we quickly head into Q4 seasonal holiday hiring,” said Talroo CEO Thad Price. That’s one reason many companies need to attract and recruit Spanish-speaking workers.
While in September the unemployment rate for Hispanics stood at a record low 3.8%, the number that could be deceiving, said Marketplace Business News. The reason: It doesn’t include workers who have dropped out of the workforce. And, when the economy begins to decline, experts say, Hispanic unemployment tends to spike higher and faster than the national average.