Most Americans are going through hard times, but our shaky economy is hitting Latino immigrants with particular force, according to a new analysis by the Pew Hispanic Center. Using Census data, the center found that between late 2007 and late 2008, unemployment among foreign-born Latinos rose 2.9 points to eight percent, while unemployment in the overall workforce rose only two points to 6.6 percent. The report didn’t include data on how many of these workers were documented or undocumented.
The ripple effect is already being felt by families in Latin America who depend on money sent home from relatives working in the U.S. For the first time in 13 years, remittances sent from the U.S. to family members in Mexico declined in 2008.
Source: Pew Hispanic Center