Within the framework of the FIFA World Cup in Qatar 2022, it is important to highlight the notable investment in migrant labor made by the Arab country for the construction or remodeling of eight stadiums, along with an infrastructure plan to communicate and host more than a million visitors to the great event.
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In 2020, there were 35,046 Baby Boomer retirement migrants residing in Mexico. More than half are from the U.S., followed by Spain and Canada, 3 out of 5 are men, 4 out of 5 are between 60 and 79 years old, more than half have bachelor's, specialty, master’s, or doctoral studies.
Remittances add up to a streak of 29 consecutive months of growth, which began in May 2020. Latinos constitute up to 34.3 million voters in the US, 14.0% of the voter registry in the elections on November 8, surpassing the self-identified popul…
Book edited by BBVA Research, BBVA Foundation and the National Population Council (CONAPO) made up of 10 chapters that addresses the main statistics on the multiple migratory flows and human mobility, and remittances at a global level, with an …
Remittances accumulate three consecutive months marking a historical record. Despite the contraction of GDP in the US, the unemployment rate is at very low levels, which have only been lower for more than 50 years.
August 1, 2022
Mexico | Remittances recorded second consecutive month with more than 5 billion dollars
In the first half, remittances to Chiapas grew more than 70% and surpasses Puebla and Veracruz. In Michoacán, remittances (4,056 million dollars) represented 105.4% of the total amount of state income (3,849 million dollars) in 2020.
May is the month that more remittances are generally received, for Mother's Day, 17% more resources are received than other months of the year. The US Supreme Court of Justice determined that President Biden can end the Migrant Protection Protocols (MPP), known as “Remain in Mexico”.
Inflation has also hit the remittances-receiving households in Mexico, although they grew 16.5% in US dollars in April, they increased 8.2% in real terms. Something similar happened in March, the flow of remittances in US dollars increased 12.9…
Judge blocks the end of Title 42 in the U.S., for 2 years 88.2% of the arrests of Mexican migrants concluded in immediate expulsion. In March 2022, arrests of migrants in the U.S., and also of Mexican migrants, are at their maximum: 221,303 in …
At the beginning of the pandemic, the jobs of Mexican migrants in the US contracted by 20%, but they are already 3.2% above pre-pandemic levels. However, the labor participation rate is at 66%, lower than pre-pandemic levels (68%); and the unem…
The surprising growth of remittances to Mexico during 2020 and 2021 is not particular to the country, but is common among many LAC countries. In 2021, remittances to Guatemala increased 34.9%, higher than the increase in Mexico (+27.1%), El Salvador (+26.8%), Dominican Rep. (+26.6%), Colombia (24.4%) and Jamaica (20.4%).
Remittances totaled 51,594 million USD throughout 2021, +27.1% compared to 2020, and have accumulated a streak of 8 consecutive years of growth, which began in 2014. Between 2020 and 2021, during these first two years of the COVID-19 pandemic, remittances have grown 41.6% compared to 2019.