*Reports indicate that migrants contribute to increased productivity in the receiving country
*Latino community provides $3.6 trillion worth of goods and services in the U.S.
*12 million Mexican migrants live in the United States
*Mass deportations of migrants in the U.S. could case an increase in the inflation rate
*Arrival of working-age migrants helps mitigate lack of native labour in the U.S.
*Latino community provides $3.6 trillion worth of goods and services in the U.S.
*12 million Mexican migrants live in the United States
*Mass deportations of migrants in the U.S. could case an increase in the inflation rate
*Arrival of working-age migrants helps mitigate lack of native labour in the U.S.
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NewsTranscript
00:00Mexicans and migrants contribute at least 10 percent of the U.S. gross domestic product's
00:05equivalent to $2 trillion, said they also made the growing demands of the U.S. labor
00:10market.
00:11Let's take a closer look with our correspondent Antonio Aranda.
00:18Various academic studies confirm that migration has economic benefits for the countries that
00:23host these people.
00:27Ariane is a migrant.
00:29She has been living in Mexico for four months.
00:32She works in a creamery and earns $100 a week.
00:35Half of that money stays in the local economy.
00:37The rest she sends to her family.
00:43We work to subsist ourselves and also to send money to our families.
00:52In the different countries, depending on the immigrant, the contribution is really significant.
00:57We are talking about having a contribution in the economy of the country.
01:00We really try to be helpful, compliant, responsible to comply 100 percent.
01:05A report by the International Organization for Migration indicates that migrants contribute
01:13to increasing the productivity of the receiving country, whether they are skilled or unskilled
01:17labor.
01:20We work from 7 in the morning to 5 in the afternoon, and we are always sending money,
01:25all the time, weekly, biweekly, monthly, but we are always sending.
01:29The migrants that are here, we try to save the money to be able to sustain and pay rent
01:34and pay for everything we need to pay.
01:41In the case of the United States, the value of goods and services from the Latin community
01:46amounts to $3.6 trillion, highlights a report presented at the morning conference of President
01:52Claudia Sheinbaum.
01:57If Latinos in the United States were a single economy, they would be the fifth largest economy
02:02in the world.
02:03They would be smaller than the United States as a whole, China, Japan and Germany.
02:08Latinos in the United States would be second only to those five countries.
02:19Twelve million Mexican migrants live in the United States, and last year, they sent $65
02:24billion in remittances, highlighted President Sheinbaum.
02:32Mexicans in the United States contribute to the national economy with remittances that
02:35represent their love for their family, their love for their country, and we thank them
02:39and call them heroes and heroines.
02:46But also Mexicans contribute to the economy of the United States.
02:54Due to economic integration, mass deportations of migrants in the United States could cause
02:59an increase in the inflation rate, explains this specialist.
03:06Let's assume that they do put in the natives, then of course prices go up and the services
03:11that the Latinos, the Mexicans, the undocumented are doing, all those kinds of things that
03:21are actually below the price of the cost that is paid and that they consume less, but produce
03:25a lot.
03:26There is a lower level of inflation at the moment that there is no clear inflation that
03:30can go up.
03:34In the United States, the arrival of migrants of productive age helps to mitigate the lack
03:40of native labor caused by the aging of the population.