| Mexican Migration to US Could Be Back on Rise, Says BBVA Bancomer David Iaconangelo - Latin Times | |
| go to original May 7, 2014 |
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A man in Mexico looks up at the border fence separating the U.S. and Mexico where it extends into the Pacific Ocean. (Reuters/Fred Greaves)
Since the outbreak of the Great Recession in 2009, the flow of Mexican migrants to the United States has slowed considerably, falling to nearly a net gain of zero in 2012. But Mexico’s biggest financial institution thinks it’s been back on the rise in 2014. BBVA Bancomer writes in a new report that as sectors traditionally employing Mexican workers expanded, the net flow of Mexicans into the United States has increased too, especially in Texas, the state with the second-largest Mexican population in the country.
In the first quarter of the year, according to the group’s analysis, the number of Mexican-born workers in the US grew 1.3 percent. Carlos Serrano, the group’s director of economic studies, told La Jornada, “We see signs that the net flow of migrants, taking into account those Mexicans who leave for the United States and those who return from there, is reverting after it hit zero.” The presumed increase doesn’t apply across the board, however. The report says that while California saw no net change in the number of Mexican immigrants this year, their population increased 1.7 percent in Texas.
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