5 ms·

What is the trend for all Hispanics?

adventured 11y ago
More people are immigrating to the US from Latin America, than are leaving back to Latin America. Mexico specifically appears to have finally hit an economic level of opportunity where people wanting to leave to the US has slowed down significantly. However, the rest of Latin America isn't doing nearly as well as Mexico. Mexico's GDP per capita is now above Russia, Brazil, Turkey; and their unemployment rate is at 3.8% (4.4% urban). China's manufacturing labor costs are now above Mexico's; that will continue to increase US manufacturing shifting some things away from China and to Mexico, bolstering their economic performance.
- ausjke 11y ago
  When their drug-voilence gets under control fully, it might be the best place(economically) for start-ups too, why outsource anywhere else when Mexico is so close and _safe_
  - adventured 11y ago
    I think Mexico will probably do very well over the next 20 some years. I expect we'll see most of the war on drugs come to an end, with Canada / US / Mexico all legalizing pot and decriminalizing some of the other drugs that drive a lot of the drug violence. Their GDP per capita will probably double in just the next 10-12 years, essentially catching up to mid-development European countries like Portugal, Slovenia and Czech.
    - ausjke 11y ago
      Mexico plans to legalized all drugs in 10 years, that definitely will put the drug war to an end.
  - WildUtah 11y ago
    Mexico City is already safe. Mérida, a big city in the Yucatan, is extremely safe -- Japan level safe. Immigration is easy for educated professionals and teams. Urban living is cheap and has amenities comparable to SF or NY. Language is a barrier, though. PR is a barrier. The business culture is more Wall Street or Bourbon Street than Sand Hill Road. Still, it's a great place to come to.
- WildUtah 11y ago
  "China's manufacturing labor costs are now above Mexico's" China's wages and taxes are both still lower, but Mexico is enormously less corrupt and your trade secrets won't get stolen. It's a whole lot easier and cheaper to start a business as an outsider and dispute resolution isn't quite so insanely biased.
drpgq 11y ago
Even just Central America.
thehoff 11y ago
I haven't read this one yet but it looks like it may be declining across the board, at least the flow to the US. http://www.pewhispanic.org/2015/09/15/the-impact-of-slowing-immigration-foreign-born-share-falls-among-14-largest-us-hispanic-origin-groups/ http://www.pewhispanic.org/2015/09/15/the-impact-of-slowing-...

More people are immigrating to the US from Latin America, than are leaving back to Latin America. Mexico specifically appears to have finally hit an economic level of opportunity where people wanting to leave to the US has slowed down significantly. However, the rest of Latin America isn't doing nearly as well as Mexico. Mexico's GDP per capita is now above Russia, Brazil, Turkey; and their unemployment rate is at 3.8% (4.4% urban). China's manufacturing labor costs are now above Mexico's; that will continue to increase US manufacturing shifting some things away from China and to Mexico, bolstering their economic performance.

ausjke 11y ago
When their drug-voilence gets under control fully, it might be the best place(economically) for start-ups too, why outsource anywhere else when Mexico is so close and _safe_
- adventured 11y ago
  I think Mexico will probably do very well over the next 20 some years. I expect we'll see most of the war on drugs come to an end, with Canada / US / Mexico all legalizing pot and decriminalizing some of the other drugs that drive a lot of the drug violence. Their GDP per capita will probably double in just the next 10-12 years, essentially catching up to mid-development European countries like Portugal, Slovenia and Czech.
  - ausjke 11y ago
    Mexico plans to legalized all drugs in 10 years, that definitely will put the drug war to an end.
- WildUtah 11y ago
  Mexico City is already safe. Mérida, a big city in the Yucatan, is extremely safe -- Japan level safe. Immigration is easy for educated professionals and teams. Urban living is cheap and has amenities comparable to SF or NY. Language is a barrier, though. PR is a barrier. The business culture is more Wall Street or Bourbon Street than Sand Hill Road. Still, it's a great place to come to.
WildUtah 11y ago
"China's manufacturing labor costs are now above Mexico's" China's wages and taxes are both still lower, but Mexico is enormously less corrupt and your trade secrets won't get stolen. It's a whole lot easier and cheaper to start a business as an outsider and dispute resolution isn't quite so insanely biased.

drpgq 11y ago

Even just Central America.

thehoff 11y ago

I haven't read this one yet but it looks like it may be declining across the board, at least the flow to the US. http://www.pewhispanic.org/2015/09/15/the-impact-of-slowing-immigration-foreign-born-share-falls-among-14-largest-us-hispanic-origin-groups/ http://www.pewhispanic.org/2015/09/15/the-impact-of-slowing-...