Asian Immigration to U.S. Down
According to an article I found on Yahoo News the immigration of Asians and Hispanics to the United States is declining. Previously there was word that minorities would become the majority in the next twenty years but now that has been pushed back a decade. Does this mean less Asians and Hispanics are moving to the U.S. because there are less opportunities or are the families that are currently in the U.S. not able to provide the financial help to the immigrants. I think it is the latter because I can see it in the Filipino community where I am currently at.
Filipinos and OFW are sending less money back to the Philippines because the cost of living in the U.S. leaves little extra money to send. We will wait and see for now if the current adminisitration will keep their promises on improving the economy. They have predicted that the job market wouldn’t improve until late 2010 so don’t expect the numbers to change soon. I am leaving a link to the article I read below.

May 14, 2009
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Posted by dmihalia
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With the bad economy at this moment, people definitely see the need to tighten their spending and this will indirectly affect the money being sent back to Philippines.
Hi BK
I know the economy has affected my spending on certain things preparing for our move but I hope the economy picks up towards the end of the year as some predict.