Reverse Remittances: More Mexicans Sending Money to U.S.

Frontera NorteSur, News Report, Staff, Posted: Jul 17, 2009

For decades, money sent home by Mexicans working in the United States has been a key pillar of the Mexican economy. Now, scattered reports are surfacing of Mexicans sending money to support relatives in the United States hard hit by the economic crisis north of the border. Latinos, especially immigrants, are suffering a disproportionate share of the joblessness that is officially rising to engulf close to 10 percent of the overall U.S. population.

According to Chihuahua state tourism department official Demetrio Sotomayor Cuellar, a 21 percent decrease over last year in the number of “paisanosâ€