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While the recession hasn’t been a joy for anyone, a report issued late last month by AARP finds it has been especially tough on Hispanic baby boomers. Based on polling in January (in conjunction with the National Hispana Leadership Institute and impreMedia), the report says 27 percent of Hispanic respondents age 45-64 lost a job in the past 12 months due to the economy. Another 38 percent “had work hours cut, had to take a pay cut or lost other forms of work-related income.”
All this has had the inevitable bad effects on Hispanic boomers’ spending power.
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