Wall Street Journalのインスタグラム(wsj) - 1月13日 03時18分


Mexicans working in the U.S. sent record amounts of money to relatives back home last year, illustrating the resilience of the U.S. economy despite the shutdowns imposed to fight the pandemic.⠀

The surge in remittances, which surprised analysts and migrants alike, provided a lifeline for many poorer Mexicans in the midst of the country’s biggest economic slump in decades.⠀

Remittances rose 11% to $36.9 billion in the first 11 months of 2020, more than the record $36.4 billion sent in all of 2019, according to figures released last week by Mexico’s central bank. The average remittance was 4.3% higher at $340, the bank said.⠀

In Guatemala, El Salvador and Honduras—the Central American countries that make up the Northern Triangle—remittances were up 3.4% from January through October.⠀

After the pandemic caused U.S. unemployment to surge to double-digit levels earlier in 2020, the World Bank and others projected that remittances to Mexico and elsewhere in Latin America would fall close to 20% from 2019.⠀

Many activities in which migrants are employed didn’t shut down completely in the U.S., such as construction, gardening and agriculture, and a significant number of migrants were eligible for unemployment benefits under the U.S. government’s stimulus plan, said Alfredo Coutiño, the director for Latin America at Moody’s Analytics. And because of the crises in their home countries, migrants faced the need to send more money to their relatives, he added.⠀

Read more at the link in our bio.⠀

Photo: Gustavo Graf Maldonado/Reuters


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