As voters prepare to head to the polls this upcoming November, it’s crucial to recognize several pressing concerns within the Latino community. Large-scale polls have consistently shown that economic issues and the cost of living are topics of high importance amongst Latino voters. The community’s concerns span several key areas, including the impacts of inflation on housing affordability, the rising cost of living, labor market conditions, and access to healthcare.
Housing Affordability
With the combination of rapidly-increasing housing prices and the impact of inflation, many Latino families are finding it increasingly difficult to afford homeownership. Affordable and available housing is scarce and results in families living in further disadvantage.
Cost of Living
Another major concern within the Latino community is the rising cost of goods and services. Daily essentials such as food, transportation, and utilities, have all fallen victim to price increases, and in result have put extra strain on household budgets leaving families with no means of saving for the future.
The Labor Market
Job stability and security remain a critical issue within the community. While wages have seen some growth, they have not kept pace with the rising cost of living. This disparity means that even with higher earnings, many Latino workers continue to struggle to cover essential expenses. These concerns in addition to the lack of job security have also added economic anxiety which has been felt by many in the community.
Healthcare
Access to affordable healthcare is a persistent concern. Many within the Latino community report difficulties in obtaining timely medical care as well as the rising cost of healthcare makes it difficult to obtain and further limits access. Without receiving medical attention in a timely manner or having limited access because of affordability, results in delayed treatments and worsening health outcomes.
These topics highlight the urgent need for targeted policies to support Latino communities, ensuring they can thrive despite various economic pressures. These concerns also address that solutions must be sought in order to promote economic stability. As the presidential election approaches, it is crucial for these policymakers to address these issues in order to promote economic growth and stability for all.