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Remittances to Mexico top $23 billion in 2011
Posted By -NO AUTHOR- On 01/18/2012 @ 11:50 am In Money,U.S. | No Comments
Head to 4th Street and Broadway in downtown Los Angeles and you’ll see signs of a labor market on the mend.
At a Continental Currency Services Inc. branch, a check-cashing and money-transfer business, housekeeper Maria Guadalupe Gutierrez waited patiently in line on a recent afternoon to wire $200 to her mother in Chiapas, Mexico.
Gutierrez used to send more before the economy tanked and clients stopped having their houses cleaned as frequently. But things have picked up lately, and she is getting more calls.
“I hope it keeps getting better,” said Gutierrez, 38, before rushing off to finish errands downtown.
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