Construction workers and administrative personnel are two sectors in which the majority of Mexican migrants work in the United States, so these would be the main sources of remittances to Mexico, published the Economist.
Mexicans continue to send dollars to their relatives and for November 2021 already added $46,834 million dollars, which is considered a historical amount, and everything indicates that it will exceed $50,000 million dollars throughout the year.
In November 2021, income to Mexico from remittances from abroad reached a level of $4,665 million dollars, which meant an annual increase of 37.7%.
Remittances are one of the three main sources of divi sas in the neighboring country to the south, along with the automotive industry and tourism.
Transfers are made mainly by Mexicans residing in the United States, and according to figures of the Census Bureau, the 20. 9% of Mexicans in the country are employed in the construction sector, which makes it the main economic generator for migrants and the main source of remittances entering Mexico.
Percentage share of the Mexican migrant population in the United States by sector:
Construction, 20.9%
Professional and administrative, 12.8%
Manufactures, 12.6%
Hospitality and recreation, 12.2%
Commerce, 11.3%
Others , 30.2%
Various economic analysts attribute that the sending of remittances to Mexico has grown due to the economic incentives granted by the United States government to boost the economy.
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