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271,000 Mexicans Slip into Poverty in US
The SIFY News ^ | 2010-01-31 | SIFY News

Posted on 01/31/2010 11:25:34 AM PST by Son House

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.


TOPICS: Business/Economy; Government; News/Current Events; Politics/Elections
KEYWORDS: amnesty; illegalaliens; importingpoverty; jobs; mexicans; mexico; poverty; slip
Democrats and their President Obama have spread poverty and misery to more Mexicans faster than their worst critics predicted.
As a consequence, remittances to Mexico dropped by 15.7 percent in 2009, compared with the figure in 2008.


remittances - money that Mexicans working in the U.S. sent back home
1 posted on 01/31/2010 11:25:34 AM PST by Son House
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To: Son House

As a result, the unemployment rate of Mexican immigrants in the US grew from roughly eight percent to 12 percent.

The US is home to 12 million Mexicans, about half of them illegal immigrants.

^
That means the unemployment number must be higher then what the Government releases...


2 posted on 01/31/2010 11:28:10 AM PST by Son House (The Learning Curve for Democrats on Macroeconomics is getting Exponential)
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To: Son House
Democrats and their President Obama have spread poverty and misery to more Americans faster than their worst critics predicted.
3 posted on 01/31/2010 11:28:29 AM PST by stanz
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To: Son House

Our poverty is better than their poverty.


4 posted on 01/31/2010 11:29:25 AM PST by Dacula (Evil succeeds when good men do nothing. Lets do something.)
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To: Son House

They will all slip into poverty if they wait for me to hire one.

They need to go back Home.


5 posted on 01/31/2010 11:29:54 AM PST by jerry639
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To: Son House
"The US is home to 12 million Mexicans, about half of them illegal immigrants.

6 million Illegals eh?
If the rest or these numbers are as faulty as this, none of them are worth a hoot.

6 posted on 01/31/2010 11:31:00 AM PST by moehoward
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To: Son House

Or did they slip into the US in poverty?


7 posted on 01/31/2010 11:31:01 AM PST by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
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To: Son House

Starve them, no food or welfare, and force them to go back to Mexico!!!


8 posted on 01/31/2010 11:31:11 AM PST by dalereed
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To: Son House

Go home.


9 posted on 01/31/2010 11:31:51 AM PST by freekitty (Give me back my conservative vote; then find me a real conservative to vote for)
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To: Son House

The crime will increase from them. It has already start here in Northern VA.


10 posted on 01/31/2010 11:32:07 AM PST by bmwcyle (Free the Navy Seals)
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To: Son House

Not quite the poverty they left behind.


11 posted on 01/31/2010 11:32:08 AM PST by boomop1
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To: jerry639

The report says there are 12 million Mexicans in the U. S. That is pure B/S... We have that many in Las Vegas alone.


12 posted on 01/31/2010 11:32:43 AM PST by BooBoo1000
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To: Son House

I really don’t care that Mexico is getting less money sent to them.


13 posted on 01/31/2010 11:32:53 AM PST by Ballygrl
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To: Son House

Well thank God that we’re able to provide a good living for the remaining twenty million illegal Mexicans.


14 posted on 01/31/2010 11:33:48 AM PST by dljordan (Psalm 109:8 "Let his days be few; and let another take his office. ")
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To: Son House

271,000 Mexicans improve their standard of living compared to their home country.


15 posted on 01/31/2010 11:34:13 AM PST by Rebelbase
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To: Son House

Of course, poverty in the US is middle class in Mexico.


16 posted on 01/31/2010 11:34:16 AM PST by marktwain
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To: Son House

GO HOME!!!!!!!!!!!!!!


17 posted on 01/31/2010 11:34:35 AM PST by pietraynor (Government does not solve problems; it subsidizes them. Ronald Reagan)
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To: BooBoo1000
We have that many in Las Vegas alone.

Sure seems like it sometimes!

Glad to se FR is back up, am I logged in? :)

18 posted on 01/31/2010 11:35:06 AM PST by Las Vegas Ron ("Because without America, there is no free world" - Canada Free Press - MSM where are you?)
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To: Son House
mmmmmmmmmmmmmmmMMMMMMMMMMM....GET OUT!!!
19 posted on 01/31/2010 11:37:59 AM PST by ROCKLOBSTER (Deathcare...a solution desperately looking for a problem.)
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To: Son House
"271,000 Mexicans Slip into Poverty in US"

271,000 Mexicans Slip into US.

It had too many words in the title.

20 posted on 01/31/2010 11:39:58 AM PST by BipolarBob (My bodyguard is a 6'3" pooka named Harvey.)
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To: Son House

The US is home to 12 million Mexicans, about half of them illegal immigrants.””

I think this figure is totally bogus. For years, in So Cal, during the 70’s & 80’s, the number was called at 20 million. More came- few went home, and I am not even counting the ‘anchor babies’, which is another problem altogether. For all the activity over the past 30+++ years, the number of illegals is much closer to 50 million, IMO.

^
That means the unemployment number must be higher then what the Government releases...”””

The unemployment number is a total crock when the ‘NObama’ administration gives us the numbers.

It is much higher....

I also do NOT believe the GDP for the last quarter was 5.7%.

That number will get ‘corrected’ a couple of times, lower and then lower still, and we will never get that information from the mediawholovesNObama group. Only Fox might tell us the truth.


21 posted on 01/31/2010 11:47:45 AM PST by ridesthemiles
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To: bmwcyle

The crime will increase from them. It has already start here in Northern VA.”

Crime in Reno is very busy, also, and the gang problems are escalating rapidly.


22 posted on 01/31/2010 11:49:19 AM PST by ridesthemiles
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To: BooBoo1000

The report says there are 12 million Mexicans in the U. S. That is pure B/S... We have that many in Las Vegas alone.”

Doesn’t surprise me. ACORN needs every one of them if they intend to keep Dirty Harry in office !!!

You guys have to have poll watchers set up for the November elections.


23 posted on 01/31/2010 11:51:26 AM PST by ridesthemiles
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To: bmwcyle

4 of 10 Most Wanted here are: Race: Wht/Hspn; though I don’t know that that means illegal alien, and I’d suspect that last fella isn’t Race: White, by his name, Juan Javier.

Olmsted County Most Wanted List

http://www.co.olmsted.mn.us/courts/ocsos_most_wanted.asp


24 posted on 01/31/2010 12:05:28 PM PST by Son House (The Learning Curve for Democrats on Macroeconomics is getting Exponential)
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To: Son House

What a bunch of bogus numbers. No way, they have been throwing those numbers at us for the past 10 years. There are more like 30 million illegals in this country. Those are all made up numbers. Poor as compared to what? Compared to other Mexicans even the dead are wealthy.


25 posted on 01/31/2010 1:13:13 PM PST by Cacique (quos Deus vult perdere, prius dementat ( Islamia Delenda Est ))
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To: BooBoo1000

Heh. Here in Hollywood, there are MORE of them at the Home Depot store, it’s like a rock concert. You have to beat them all with a stick just to get in and out of the entrance.


26 posted on 01/31/2010 1:13:13 PM PST by max americana
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To: bmwcyle

In Fort Worth we’ve had an huge increase in car and house break ins. In my neighborhood, illegals cruise around to break into parked cars.


27 posted on 01/31/2010 1:15:43 PM PST by ViLaLuz (2 Chronicles 7:14)
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To: Son House

Illegals & the people who support them have spread alot more poverty in America.


28 posted on 01/31/2010 1:17:33 PM PST by DwFry (Baby Boomers Killed Western Civilization!)
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To: Son House
I feel their pain, but the Obama removal of the COLA to the Social Security benefit for us old guys, while AIG and the bankers get big time bonuses, really gets my dander up. I notice it hasn't been mentioned in the MSM again so I guess it's gone for ever.
29 posted on 01/31/2010 2:03:00 PM PST by ANGGAPO (Leyte Gulf Beach Club)
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To: BooBoo1000

The report says there are 12 million Mexicans in the U. S. That is pure B/S... We have that many in Las Vegas alone.

I agree. They have been putting out the same 12-13 million figure out there for several years now. The illigals keep coming and the government count doesn’t grow. I believe the number is closer to 50 million by now. Noone knows for sure. I would like to know but the government and amnesty pushers do not.


30 posted on 02/01/2010 5:28:34 AM PST by jerry639
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