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16%  
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Keyword: immigrantworkers

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  • Buoyed by Recovery, Migrants Send Home More Money

    03/14/2011 5:00:41 PM PDT · by La Lydia · 8 replies
    Wall Street Journal ^ | March 14, 2011 | MIRIAM JORDAN And PAULO TREVISANI
    Immigrants from most Latin American countries sent home substantially more money at the beginning of 2011 than they did a year earlier, signaling the economic recovery in the U.S. and other developed countries has improved prospects for foreign workers. Guatemala, Honduras, El Salvador and Mexico received between 6% and 16% more revenue from remittances in January than in the same month last year, according to the International Fund for Agricultural Development... The January figures, coupled with 2010 data to be released Monday...confirms the end of a downward trend in remittance flows, which had tumbled 15% between 2008 and 2009... Remittances...
  • Immigrant Workers Crowd Out U.S. Teens

    10/18/2010 7:43:25 AM PDT · by SeekAndFind · 36 replies · 1+ views
    RealClearMarkets ^ | 10/18/2010 | Alfred Tella
    The employment-population rate of teenagers has declined from 50 percent to 25 percent in a little more than 30 years. The teen labor force participation rate has declined by 40 percent. The teenage unemployment rate has drifted upward in this period, and of the teenagers who are currently in the labor force, one in four is jobless. Among the factors explaining these trends is immigration, legal and illegal. Two recent studies provide convincing evidence that low-skilled immigrants cost U.S.-born teenagers jobs. Federal Reserve Board economist Christopher L. Smith used Census Bureau data going back to 1970 to develop a model...