Remittances to Mexico from
workers in US surge in March
A Mexican immigrant farm worker in Salinas, California (2020 Getty Images) |
Mexicans living and working in the United States are vitally
bolstering Mexico’s hard-hit economy, sending home unprecedented quantities of
cash.
By James Blears
The Covid-19 pandemic has slumped petroleum prices and
sunk tourism revenue throughout Mexico.
Yet, money sent home by Mexicans living abroad - principally
from the economic powerhouse of the United States - legally and illegally, is
surging in order to compensate for that crippling double whammy.
In March, Mexican migrants sent home 4.02 billion dollars.
That's nearly thirty-six percent more than the corresponding month last
year.
Mexican migrants who recognize and are catering to the hike
of desperate need for resources are still able to meet those needs. Most earn
their money by working outside in the fresh air, within the construction and
agricultural industries.
Lifeline sent home
They faithfully send home remittances - or lifelines - which
often prove essential. Whereas the giant US economy will catch a metaphorical
cold, their southern neighbors risk perishing from economic pneumonia.
Coming through like this is brave and resolute, because many
Mexican migrants, both documented and illegal, are based in New York.
The major US city and its surrounding areas currently make
up the epicenter of the coronavirus pandemic within the United States.
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