• Posted on Monday, December 14, 2009
  • Bookmark and Share
  • email
  • |
  • print
  • |
  • rss

tool name

close
tool goes here

Less money being wired back to Mexico from Sacramento area

Sign up for email newsletters now!

Sign up for email newsletters now!

Never miss a McClatchy story

The flow of cash from Mexican immigrants to their families back home continues to dry up in the Sacramento area and nationwide as tough economic times and a beleaguered housing sector have taken their toll on paychecks and pocketbooks.

Locally, the movement of money south has been curtailed by the disappearance of construction jobs in a battered housing sector, a major employer of Mexican labor, said Carlos González Gutiérrez, Mexico's consul general in Sacramento.

Immigrants are "waiting for the economic crisis to go away, but they don't have the resources they had before and are sending less," González Gutiérrez said. "What the global (economic) crisis has shown us is that the host society and the homeland move in sync."

Those who have found new work have moved from the higher-paying building trades to lower-paying jobs, he said, reducing the amount they are able to send home.

Read the complete story at sacbee.com

JOIN THE DISCUSSION

We welcome comments. To post one, you must sign in using either your McClatchyDC login or your login for Facebook, Twitter or Disqus. Just click the appropriate box below.

Please keep your comment civil, short and to the point. Obscene, profane, abusive and off topic comments will be deleted. Repeat offenders will be blocked. If you find a comment abusive or inappropriate, please flag it for the moderator by placing your cursor on the comment, then clicking the "flag" link that appears. Thanks for your participation.