Remittances from Mexican migrants in the United States during the time of COVID-19
RODOLFO GARCIA ZAMORA
SELENE GASPAR OLVERA
Summary or description
Following the Great Recession of 2007-2009 in the United States, Mexican migrants’ remittances began to grow steadily in 2014 until they reached a historical level of US$36 billion in 2019. This figure was at US$4 billion in March 2020 when Mexico had been suffering the effects of COVID-19 for one month. In April, remittances from Mexican migrants in the United States dropped 28%, as their unemployment rate reached 17%. Recuperating remittance levels will depend on economic recovery policies in the United States, and on reducing unemployment for Mexican migrants in the sectors where they have the biggest presence.
Producción Científica de la Universidad Autónoma de Zacatecas UAZ
October 28, 2020
Repositorio Institucional Caxcán