Step 1: Formula for the length of latus rectum of an ellipse.
For the ellipse
\[
\frac{x^2}{a^2}+\frac{y^2}{b^2}=1,
\]
the length of the latus rectum is
\[
\frac{2b^2}{a}
\]
The length of the minor axis is
\[
2b
\]
According to the question,
\[
\frac{2b^2}{a}=\frac{1}{2}(2b)
\]
Step 2: Simplify the equation.
We get
\[
\frac{2b^2}{a}=b
\]
Multiplying both sides by \(a\),
\[
2b^2=ab
\]
Dividing by \(b\neq 0\),
\[
2b=a
\]
Hence,
\[
b=\frac{a}{2}
\]
Step 3: Use the eccentricity formula.
For an ellipse,
\[
e=\sqrt{1-\frac{b^2}{a^2}}
\]
Substituting
\[
b=\frac{a}{2},
\]
we get
\[
e=\sqrt{1-\frac{(a/2)^2}{a^2}}
\]
\[
=\sqrt{1-\frac{1}{4}}
\]
\[
=\sqrt{\frac{3}{4}}
\]
\[
=\frac{\sqrt{3}}{2}
\]
Step 4: Final conclusion.
Therefore, the eccentricity of the ellipse is
\[
\boxed{\frac{\sqrt{3}}{2}}
\]