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11-17-2009, 02:02 AM #1
Immigrants Sending Less Money Home
Heard this before but it is a news article found so will post.
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Posted: Monday, 16 November 2009 4:38PM
Immigrants Sending Less Money Home
Many Mexican immigrants who came to the U.S. seeking employment are struggling due to the economic downturn. And these unemployed workers have become unable to send money to their poor families back home.
The recession has hit hard here in the U.S., but it has hit even harder in Mexico.
"The Mexican economy is deeply linked to the U.S. economy," said Andrew Selee, Director of the Mexico Institute at the Woodrow Wilson Center. "It is largely export based."
But many Mexicans can't find work here because of the recessecion, and many immigrants who would be sending money to their poor families back home actually are getting financial help from those families while they look for work.
But Selee says the economy is not driving immigrants back across the border since it's so hard to get into the U.S. and so expensive that many immigrants just wait it out in the U.S., hoping things will get better in a few months.
Selee adds that the economy is slowing immigration from Mexico to the U.S.
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11-17-2009, 02:16 AM #2
Wouldn't they have an easier time living in a drier climate than in the cold, snowy North? At least if one is out of work and money.
"Men of low degree are vanity, Men of high degree are a lie. " David
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