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Last year: 271,000 Mexicans slip into poverty in US

hypocritexposer

Well-known member
Would staying home with their families in Mexico have been any worse?

Mexico City, Jan 31 (IANS/EFE) 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.

http://in.news.yahoo.com/43/20100131/890/twl-271-000-mexicans-slip-into-poverty-i.html
 

Steve

Well-known member
some have pointed out that poverty in the USofA is not as bad as poverty in other less fortunate countries.. being poor here is like hitting the lottery... :roll: :roll: :wink:
 

don

Well-known member
i often wonder why americans don't do similar to the swiss. i think it would be quite in keeping with the american constitution. they have a military that is for defense only and they have some of the most secure borders in the world. other than the vatican i'm not aware of swiss troops being stationed anywhere beyond their border.
 

Steve

Well-known member
don said:
i often wonder why americans don't do similar to the swiss. i think it would be quite in keeping with the american constitution. they have a military that is for defense only and they have some of the most secure borders in the world. other than the vatican i'm not aware of swiss troops being stationed anywhere beyond their border.

because we are not the Swiss...

but, I'm sure Hitler, and many other dictators would agree with your thinking...
 

Steve

Well-known member
don said:
lol. you want it both ways. what's yours is yours and what's theirs is maybe yours.

not really but if you understood their constitution and ours, you would see the differences..
 
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