Posted on 01/31/2010 11:25:34 AM PST by Son House
About 271,000 Mexican immigrants have slipped into poverty in the US, Spanish banking giant BBVA said in a report.
It said between the fourth quarter of 2008 and the same period last year, 'the number of workers of Mexican origin with jobs decreased by approximately 560,000'.
For that reason, the number of workers of Mexican origin who are currently unemployed increased to about 1.8 million, 'of whom around 51 percent are immigrants', according to the report Saturday.
The bank said 60 percent of the jobs lost in the US last year were from the construction and commerce sectors, while in the manufacturing sector, nearly 1.4 million people became unemployed.
As a result, the unemployment rate of Mexican immigrants in the US grew from roughly eight percent to 12 percent.
The poverty rate of Mexican immigrants increased from 19.7 percent in 2007 to 27.1 percent in 2009. In 2008, it was 24.8 percent.
As a consequence, remittances to Mexico dropped by 15.7 percent in 2009, compared with the figure in 2008. The fall in remittances was the biggest since Mexico began keeping track in 1995.
The US is home to 12 million Mexicans, about half of them illegal immigrants.
As a consequence, remittances to Mexico dropped by 15.7 percent in 2009, compared with the figure in 2008.
As a result, the unemployment rate of Mexican immigrants in the US grew from roughly eight percent to 12 percent.
The US is home to 12 million Mexicans, about half of them illegal immigrants.
^
That means the unemployment number must be higher then what the Government releases...
Our poverty is better than their poverty.
They will all slip into poverty if they wait for me to hire one.
They need to go back Home.
6 million Illegals eh?
If the rest or these numbers are as faulty as this, none of them are worth a hoot.
Or did they slip into the US in poverty?
Starve them, no food or welfare, and force them to go back to Mexico!!!
Go home.
The crime will increase from them. It has already start here in Northern VA.
Not quite the poverty they left behind.
The report says there are 12 million Mexicans in the U. S. That is pure B/S... We have that many in Las Vegas alone.
I really don’t care that Mexico is getting less money sent to them.
Well thank God that we’re able to provide a good living for the remaining twenty million illegal Mexicans.
271,000 Mexicans improve their standard of living compared to their home country.
Of course, poverty in the US is middle class in Mexico.
GO HOME!!!!!!!!!!!!!!
Sure seems like it sometimes!
Glad to se FR is back up, am I logged in? :)
271,000 Mexicans Slip into US.
It had too many words in the title.
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