Mexicans working abroad sent less money home in ’08

The amount of money sent home by Mexican migrants fell in 2008 for the first time on record, part of a worldwide trend that could worsen as emigrants from developing countries lose jobs in the global financial crisis. … Experts blame a crackdown on illegal immigration, which has stemmed the flow of those heading north to seek work, as well as the U.S. recession, which has resulted in many Mexicans, especially construction workers, being laid off.http://www.latimes.com/news/local/immigration/la-fi-mexremit28-2009jan28,0,834888.storyThe Associated Press – Printed in the Los Angeles Times