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Minority Workers Subbing Boomers Seen Giving U.S. Edge: Economy

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Jasmin Figueroa helps develop new products for Johnson & Johnson, she bought a home in 2012 and she was a contestant last year in the Miss New Jersey USA pageant. She’s also Hispanic.

The 26-year-old represents the economic potential that could be unleashed as the U.S. makes the transition into a nation where the minority population becomes the majority in the next 30 years. At a time when countries such as China, Japan and Germany struggle to deal with aging populations, increased heterogeneity in the U.S. bolsters the outlook for its labor market and growth.