In several regions of the United States, the presence of Mexican immigrant workers is significant in various labor sectors. In Texas, one in every 3.3 male construction workers is of Mexican origin, while in Illinois the ratio is one in every 5.4. In California, one in every 1.8 agricultural workers and one in every 3.2 male construction workers are Mexican immigrants. Additionally, one in every 2.6 women working in household services comes from this background.
Authorities in the United States and Mexico recognize the importance of this workforce, but they are also aware of the risks they face, especially with current immigration policies. They are preparing to deal with this situation in a coordinated manner. Some deported immigrants will receive financial support, although the best solution would be to incorporate them into the labor market. However, at present, finding employment for them is complicated due to various factors, business leaders agree.
Amid these dynamics, Grupo Salinas was highlighted for its participation in meetings with the Hispanic community during Donald Trump's government. Alejandro Valenzuela, president of Banco Azteca, was present as a representative of this Mexican group. The financial institution plays a significant role in the receipt of remittances from migrants, indicating its active presence in the United States.
In the Mexican banking sector, a succession process is anticipated in the industry. Raúl Martínez, director of Barclays, appears to be a clear candidate, although complications have arisen due to the international nature of the bank. Meanwhile, the National Banking and Securities Commission extended the deadline to accept expired credentials from the National Electoral Institute in the financial system.
In another note, the court ruled in favor of consumers in a case regarding online ticket purchases. The ruling establishes that publishing purchase policies does not guarantee total acceptance by buyers. This decision sets a precedent in consumer protection in electronic transactions.
In another context, ICM Asset Management faces a liquidity crisis that has affected its projects in Mexico City. The lack of capital has led to the paralysis of residential and hotel developments in some major municipalities. Irregularities in fund management have been noted, leading to an investigation by Canadian authorities.
The era of Donald Trump has begun, and his immigration policies are having a significant impact on relations with Mexico, a country that plays a crucial role in the immigrant workforce in the U.S. In the face of these challenges, Mexican authorities are working to establish agreements and protect the interests of migrants and the country as a whole. Employment data for immigrant Mexican workers indicate their presence in various sectors, with California and Texas being the states that employ the majority of them.
