Hispanics: A People in Motion
The places Latinos live, the jobs they hold, the schooling they complete, the languages they speak, even their attitudes on key political and social issues, are all in flux.
The places Latinos live, the jobs they hold, the schooling they complete, the languages they speak, even their attitudes on key political and social issues, are all in flux.
The rapid growth of the Latino population has been a subject of intense public attention since the 2000 Census reported a 58% increase over the 1990 total and later Census Bureau estimates concluded that Hispanics had surpassed African Americans in number.
Central banks across the region are tracking remittance income more carefully which has somewhat boosted the numbers they report. Nonetheless, there seems little doubt that the remittance flow has continued to increase over the past two years even as the U.S. economy dropped from its boom time peaks. In 2000 remittances to Mexico, El Salvador, Guatemala, Honduras and Nicaragua–nations that receive almost all their money transfers from the United States–totaled some $10.2 billion. This year that figure could reach $14.2 billion or more, a flow of $39 million a day. By 2005 the sum, which does not capture all remittances to Latin America, will go beyond $18 billion, according to projections by the Pew Hispanic Center.
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