Friday, December 01, 2006

Mexicans and the U.S. Labor Force

The Migration Policy Institute released a new report yesterday on Mexicans and the U.S. labor force. The most arresting finding in the report is that 1 in 7 Mexican workers (or 14% of the labor force) is employed in the U.S. Other facts include:
▪ Mexican workers tend to be young men: About 77 percent of Mexican workers in the United States were under the age of 45 in 2006, and 70 percent of Mexican workers were men (compared to 52.5 percent of native-born workers).
▪ Mexican men had the highest labor force participation rates of both foreign-born and native-born groups in the United States in 2006, at 88.2 percent, while Mexican women had the lowest, at 47.3 percent.
▪ Only 5.8 percent of Mexican workers over 25 had a bachelorĂ‚’s degree or higher in 2006, compared to 30.6 percent of all foreign-born workers and 32.8 percent of native-born workers.
▪ Nearly one in three employed Mexican-born people (29.1 percent) worked in service occupations in 2006. In the same year, nearly 23 percent of Mexican-born workers were employed in the construction industry, more than twice the percentage of all foreign-born workers, and three times that of native workers.
▪ Mexicans living and working abroad sent home an estimated $20 billion in remittances in 2005, most of which came from the United States. These remittances equaled 2.8 percent of Mexico;s GDP and accounted for nearly 40 percent of the total $53.6 billion in remittances to Latin America.

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