Mexicans in the United States break record for sending remittances

The recovery of Mexican employment in the United States shows a positive advance in recent months.

During the first quarter of 2021, Mexicans sent $ 10,623 million dollars to their relatives, according to the Bank of Mexico. This represents a 13% increase over the same period in 2020, when the pandemic caused business closures and job losses nationwide.

In March 2021, Mexicans sent $ 4.151 million dollars, which represents an annual growth of 10.4%, equivalent to an average of $ 370 dollars per shipment, up from $ 320 last year.

On the other hand, the Center for Latin American Monetary Studies (CEMLA) explains that Mexican immigrants in the United States are recovering jobs steadily. "During the first quarter of 2021, the recovery of economic activity in the United States led to a significant advance in the employment of Mexican immigrant workers," explains the CEMLA report.

In February 2020, there were 7 million Mexicans working in the United States, a figure that dropped to 5.6 million in April of the same year. It is currently in recovery after registering 5.8 million workers. "In 2020, as a consequence of the COVID-19 pandemic, the employment of the aforementioned workers presented a severe contraction in the months of March and April, but began a gradual recovery from May," the experts detailed.

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