“The rules for professional work visas will remain unchanged under Canada’s new free trade deal with the United States and Mexico.
The three countries approved updates to the agreement’s original text on Tuesday, December 10, paving the way for its ratification.
Under the new agreement, the chapter that deals with temporary entry for business persons and professionals, Chapter 16, remains essentially unchanged from the original North American Free Trade Agreement, or NAFTA.
Chapter 16 allows employers in Canada, the United States and Mexico to access professional labour from all three countries…”
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“…For three years, Kimberly Esquivel and her family lived in a studio apartment in Oakland, with Kimberly and her sister sleeping in the main room and her parents and two brothers in the hallway.
Esquivel’s father is legally blind and has a kidney condition that prevents him from working. Her mother sells jewelry, but it hasn’t provided enough money to improve their living situation. They can’t afford a car and food bills add up. Kimberly, 18, and her 20-year-old sister want to go to college, but they can’t do it until the family’s finances become more secure.
The Esquivels’ precarious situation is not unique. In California, more than 50 percent of Latino households are hard-pressed to make it financially, despite the state’s booming economy and strong labor market, according to a new report from Oakland’s Insight Center for Community Development…”
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The number of Hispanics and Latinos employed set a record high in August as their national, seasonally-adjusted unemployment rate matched its record low of 4.2%, U.S. Bureau of Labor Statistics (BLS) data released Friday show.
In August, the unemployment rate for Hispanics and Latinos, aged 16 and up, was 4.2%, down from 4.5% in July, returning to the record low of 4.2% in April and May – which broke the record low of 4.3% set two months earlier in February. BLS began tracking Hispanic-Latino employment data in 1973.
285,000 more Hispanics had jobs in August, as the 27,866,000 employed broke the record for Hispanic employment of 27,701,000 set in December 2018. The number of Hispanics participating in the workplace rose in August, as did Hispanics’ labor force participation rate, which increased from 66.4% to 66.7%.
The number of unemployed Hispanics fell by 98,000 to 1,216,000, down from 1,314,000 in July…”
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“…At 4.2% the Hispanic unemployment rate is the lowest it has ever been, and at 3.1% the adult women unemployment rate reached its lowest since 1953…”
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“…While immigrants from Mexico dominated the flows post-1970, the makeup of newcomers has changed since the 2007-09 recession. Recently arrived immigrants are more likely to come from Asia, with India and China leading the way. Countries such as the Dominican Republic, the Philippines, Cuba, El Salvador, and Venezuela have also seen sizeable emigration to the United States. By contrast, there were fewer Mexican immigrants in the United States in 2017 than in 2010, representing the biggest decline of all immigrant groups…”
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“…Overall gain is driven by rise in share of higher-income immigrants who have lived in the U.S. for more years… U.S.-born Latinos have yet to recover financially from the Great Recession.The Great Recession of 2007-09 triggered a lengthy period of decline in the incomes of American workers. Since hitting a trough stretching from 2012 to 2014, their financial fortunes appear to be on the mend – in 2017, a decade after the recession began, the median personal income of American workers stood 3% higher than in 2007…”
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“As controversy continued to rage on Thursday about the Trump Administration’s policy of separating migrant families at the southern border, the Census Bureau published new data that show why the United States will need more immigrants, not fewer, in the coming decades.
Demographers and economists have been warning that the aging baby-boomer population presents a serious challenge to the nation’s finances, as the ratio of seniors to working-age adults—the age-dependency ratio—rises. The reason is straightforward: Social Security and Medicare are largely financed on a pay-as-you-go basis, which means that some of the taxes paid by current workers are transferred to current retirees. If the dependency ratio rises, the financial burden on the working-age population …”
Posted in Economics, Front Page Items, Immigration, Political Science
“Since late January, thousands of would-be asylum applicants have been held up just outside of the U.S. border with Mexico, where they have been forced to wait their turn to speak to U.S. Customs and Border Protection. The growing humanitarian situation—camps for migrants are overcrowded, unhygienic, and dangerous—has renewed focus on Mexican President Andrés Manuel López Obrador’s call for a Central American Marshall Plan, through which $30 billion would be channeled toward regional development in an effort to ease migration pressures. López Obrador, popularly known as AMLO, has set a goal of funding the plan by May, and U.S. President Donald Trump, eager to halt immigration to the United States, agreed to participate to the tune of $5.8 billion…”
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“Asian Americans are the forgotten minority in the glass ceiling conversation.
This was painfully obvious to us while reading the newly released diversity and inclusion report from a large Silicon Valley company: Its 19 pages never specifically address Asian Americans. Asian men are lumped into a “non-underrepresented” category with white men (we’ll say more about that below); Asian women are assigned to a category that includes women of all races. In contrast, the report addresses Hispanics, African Americans, and Native Americans as distinct categories. Ironically, the chief diversity and inclusion officer of the company remarked about its efforts, “If you do not intentionally include, you will unintentionally exclude.”
But excluded from the report was the fact that Asian Americans are the least likely racial group to be promoted into Silicon Valley’s management and executive levels, even though they are the most likely to be hired into high-tech jobs. This was a key finding in a 2017 report we coauthored for the Ascend Foundation (“The Illusion of Asian Success”), analyzing EEOC data on Silicon Valley’s management pipeline…”
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“…In his United States presidential campaign in 2016, Donald Trump announced his intention to withdraw from the Trans-Pacific Partnership (TPP) and to potentially withdraw from the North American Free Trade Agreement (NAFTA), a trilateral agreement between Canada, Mexico and the US which has been in effect since 1994.
Trump kept his promise to end the US’ participation in the TPP and in January 2017 signed an executive order to withdraw from the agreement.
However, in the commercial interests of the major economic industries of the US, he agreed to begin the renegotiation of NAFTA. Talks took place between August 2017 and September 2018. The new agreement, which is to be revised and ratified by the three countries, includes important changes regarding rules of origin, wages, the review or renewal mechanisms, agriculture and e-commerce…”
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“…Dr. Alex E. Chávez (Anthropology, Notre Dame) will present a talk titled “Verses and Flows: Migrant Lives and the Sounds of Crossing” on Wednesday, November 7, 2018 from 3:30-4:45 pm in Music Room 1145. Dr. Chávez will cover his new ethnography of Huapango music and US-Mexico border migration, Sounds of Crossing: Music, Migration, and the Aural Poetics of Huapango Arribeño (Duke 2017). Co-sponsored by the Department of Music’s Ethnomu’sicology and Musicology/Theory forums, the Center for the Interdisciplinary Study of Music (CISM), and the Department of Anthropology…”
Who’s more successful: The child of Chinese immigrants who is now a prominent attorney, or a second-generation Mexican who completed high school and now holds a stable, blue collar job?
The answer depends on how you define success.
In fact, according to a study by University of California, Irvine, Sociology Professor Jennifer Lee and UCLA Sociology Professor Min Zhou, contrary to stereotypes, Mexican-Americans are the most successful second-generation group in the country. The reason is simple: The study considered not just where people finished, but from where they started.
The report serves as counter-point to arguments raised by Amy Chua, a Yale Law School professor better known as the Tiger Mom. In a new book, The Triple Package, Chua and her husband, Jed Rubenfeld, argue that some groups—namely Chinese, Jews, Cubans, and Nigerians—are more successful than others because they possess certain cultural traits that enable them to be…”
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“…New research on students who took the ACT test, conducted by the ACT Center for Equity in Learning, found that 85% of underserved (meaning low income, minority, or first generation in college) students had access to only one device at home, most often a smartphone.
American Indian/Alaskan, Hispanic/Latino, and African American students had the least access. White and Asian students had the most.
Nearly a quarter of students who reported that family income was less that $36,000 a year had access to only a single device at home, a 19% gap compared to students whose family income was more than $100,000…”
“..Financially, middle-class households in the U.S. were better off in 2016 than in 2010. The median income of middle-class households increased from $74,015 in 2010 to $78,442 in 2016, by 6%. Upper-income households (where 19% of American adults live) fared better than the middle class, as their median income increased from $172,152 to $187,872, a gain of 9% over this period. Lower-income households (29% of …”
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By Anita Kumar And Franco Ordoñez
August 28, 2018 04:35 PM
Updated August 28, 2018 11:12 PM
WASHINGTON
Tens of thousands of Mexican professionals who come to work in the United States will be able to keep their visas as part of the new U.S.-Mexico trade agreement, the Mexican government says, delivering a political loss to the Trump administration who sought to slash the number of visas as part of NAFTA re-negotiations.
The Mexican Economy Ministry told McClatchy that…”
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“College opens many doors. Besides providing invaluable cultural experiences and the opportunity to build lifelong connections, a college education can lead to better job opportunities and increase future earning potential. And the more degree holders earn, the more tax dollars they contribute over time, according to the Economic Policy Institute.
One way to strengthen an economy, the EPI suggests, is to attract well-paying employers “by investing in education and increasing the number of well-educated workers.” In states where workers have the least schooling, for instance, the median wage is $15 an hour compared with $19 to $20 an hour in states where 40 percent or more of the working population hold a bachelor’s degree or higher. Local governments appear to be catching on and maximizing the appeal of their cities to college graduates…”
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WASHINGTON – President Donald Trump has promised to bring auto manufacturing back to the United States from Mexico.
The success of NAFTA negotiations could be determined by how willing the Mexican government is to let him try.
As top officials from Canada, the U.S. and Mexico scramble to come to some sort of deal on the continental free trade pact by next Friday, the overwhelming focus of their discussions is the complicated issue of auto rules…
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Protectionism has cast a shadow of uncertainty over global traders, and North America’s trade relationships are in flux.
Early in President Donald Trump’s presidency, the U.S. withdrew from the Trans-Pacific Partnership. One year later, the nation’s participation in the North American Free Trade Agreement (NAFTA) is also changing as the U.S., Canada and Mexico engage in negotiations that are expected to continue through April, according to Bloomberg reports this week.
Despite ongoing change and uncertainty, however, new analysis from HSBC finds corporates across North America remain confident in their future global trading operations…
…Eighty-seven percent of Mexican professionals, 77 percent of U.S. professionals and 70 percent of Canadian professionals say they are optimistic about increasing cross-border trade volume over the next year…
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The one thing President Trump, Democrats, the chattering class and, most importantly, the American public can agree upon is the need for higher U.S. economic growth. An analysis from June 28, Latino GDP Report, highlights the Latino contribution to the U.S. economy. It provides helpful insight to our country’s challenge of creating greater economic growth.
President Trump promises annual GDP growth of 3 percent, the average rate after World War II. Until recently, we had averaged 2.3 percent. The Congressional Budget Office (CBO) today projects, absent fundamental changes in economic policy, GDP growth of 1.8 percent in the foreseeable future. Why the recent slowdown in economic growth and the pessimistic CBO forecast?…
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LOS ANGELES — The Latino Food Industry Association (LFIA) announced its official launch to serve its members and educate the public and policy makers on the contributions and significant impact made buy Latino-owned food businesses on the US economy.
“Given the Hispanic market’s $1.5 trillion in annual buying power and the rapid growth of Hispanic-owned businesses in the food and beverage segment, many of our members felt it was time to launch the LFIA to maximize our position in the industry,” said Ruben Smith, LFIA chairman. “Our members include grocery chains…
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