Board of The Latino Federation

The Commission

Commissioner George LaMantia Mentz JD MBA CWM Chartered Wealth Manager ® is an international book award winning author, award winning professor,  licensed attorney and CEO of GAFM ® global education.  Mentz has been recognized as the #2 in the world as a Wealth Management influencer and his Wealth Management Handbook has reached the top 75 Wealth books in History. Mentz’s education companies are  ISO 21001 and ISO 9001  Certified professional development companies offering wealth management training & operating in over 50 nations. Mentz is an  advisory board member to several companies around the world in education, charities, and FinTech Companies.   Mentz holds a Doctor of Jurisprudence degree, and MBA, and a Graduate International Law Diploma/Certificate along with federal and state law licenses. Mentz is an Associate of The St. George’s House, Windsor Castle, UK.   Mentz and his companies have been seen in The Hill, The Wall Street Journal, The Week UK, The Hindu, the El Norte Mexico, Magazine of Wall Street, Newsmax, The China Daily, ABC,NBC, CBS, FOX, The Arab Times, and many more.   Mentz is the titular Lord/Seigneur of the Fief Blondel Est. 1270 AD  and the titular Lord of Stoborough in Dorsetshire UK.  All Rights Reserved 2021

Overview (Demographics): This ethnic group includes any person of Cuban, Mexican, Puerto Rican, South or Central American, or other Spanish culture or origin, regardless of race. According to the 2019 U.S. Census Bureau population estimate, there are 60.5 million Hispanics living in the United States. This group represents 18.4 percent of the U.S. total population. In 2019, among Hispanic subgroups, Mexicans ranked as the largest at 61.4 percent. Following this group are: Puerto Ricans (9.6 percent), Central Americans (9.8 percent), South Americans (6.4 percent), and Cubans (3.9 percent). In 2019, states with the largest Hispanic populations were California, Texas, Florida, New York, Arizona, Illinois, New Jersey, Colorado, Georgia, New Mexico. Another significant point is that in 2019, 30.8 percent of Hispanics were under the age 18 in comparison to 18.6 percent of non-Hispanic whites.

Language Fluency: Language fluency varies among Hispanic subgroups who reside within the mainland United States. Census 2019 data shows that 71.1 percent of Hispanics speak a language other than English at home: 70.4 percent of Mexicans, 58.9 percent of Puerto Ricans, 77.7 percent of Cubans, 86.2 percent of Central Americans. 28.4 percent of Hispanics state that they are not fluent in English.

Educational Attainment: According to a 2019 U.S. Census Bureau report, 70.5 percent of Hispanics in comparison to 93.3 percent non-Hispanic whites had a high school diploma or higher. 17.6 percent of Hispanics in comparison to 36.9 percent of non-Hispanic whites had a bachelor's degree or higher. 5.6 percent of Hispanics held a graduate or advanced professional degree, as compared to 14.3 percent of the non-Hispanic white population.

Economics: According to a 2019 U.S. Census Bureau report, 24.4 percent of Hispanics, in comparison to 14.5 percent non-Hispanic whites, worked within service occupations. 23.8 percent of Hispanics in comparison to 44.8 percent of whites worked in managerial or professional occupations. Among full-time year-round workers in 2019, the average Hispanic/Latino median household income was $55,658 in comparison to $71,644 for non-Hispanic white households. In 2019, the unemployment rate for Hispanics was 5.1, as compared to 3.7 for non-Hispanic whites. In 2019, the U.S. Census Bureau reported that 17.2 percent of Hispanics in comparison to 9.0 percent of non-Hispanic whites were living at the poverty level.

Insurance Coverage: It is significant to note that Hispanics have the highest uninsured rates of any racial or ethnic group within the United States. In 2019, the Census Bureau reported that 50.1 percent of Hispanics had private insurance coverage, as compared to 74.7 percent for non-Hispanic whites. Among Hispanic subgroups, examples of coverage varied as follows: 47.9 percent of Mexicans, 56.3 percent of Puerto Ricans, 57.4 percent of Cubans, 41.7 percent of Central Americans. In 2019, 36.3 percent of all Hispanics had Medicaid or public health insurance coverage, as compared to 34.3 percent for non-Hispanic whites. Public health insurance coverage varied among Hispanic subgroups: 36.4 percent of Mexicans, 43.7 percent of Puerto Ricans, 33.7 of Cubans, and 33.0 percent of Central Americans. Those without health insurance coverage varied among Hispanic subgroups: 20.3 percent of Mexicans, 8.0 percent of Puerto Ricans, 14.0 percent of Cubans and 19.4 percent of Central Americans. In 2019, 18.7 percent of the Hispanic population was not covered by health insurance, as compared to 6.3 percent of the non-Hispanic white population.

Health: According to Census Bureau projections, the 2020 life expectancies at birth for Hispanics are 82.1 years, with 84.2 years for women, and 79.9 years for men. For non-Hispanic whites the projected life expectancies are 80.6 years, with 82.7 years for women, and 78.4 years for men. Hispanic health is often shaped by factors such as language/cultural barriers, lack of access to preventive care, and the lack of health insurance. The Centers for Disease Control and Prevention has cited some of the leading causes of illness and death among Hispanics, including heart disease, cancer, unintentional injuries (accidents), stroke, and diabetes. Some other health conditions and risk factors that significantly affect Hispanics are asthma, chronic obstructive pulmonary disease, HIV/AIDS, obesity, suicide, and liver disease.

Other Health Concerns: Hispanics have higher rates of obesity than non-Hispanic whites. There also are disparities among Hispanic subgroups. For instance, while the rate of low birth weight infants is lower for the total Hispanic population in comparison to non-Hispanic whites, Puerto Ricans have a low birth weight rate that is almost twice that of non-Hispanic whites. Also, Puerto Ricans suffer disproportionately from asthma, HIVAIDS and infant mortality. Mexican Americans suffer disproportionately from diabetes.