In a typical year, more than 270 million immigrants living and working abroad send cash transfers, known as remittances, to their home countries. In 2019, two-thirds of all international migrants lived in just 20 countries, with the United States holding the most at 51 million (about 19% of the world’s total). (United Nations). As of 2020, despite the lockdowns that have devastated economies and led unemployment rates to skyrocket, remittances have generally held READ MORE READ MORE

There is frequently controversy regarding the effects that immigration might have on unemployment rates, especially when a large section of the population is struggling financially. News of corporations seeking H‑1B visas erroneously advances the idea that employers actively recruit foreign workers rather than hire native-born ones. However, there is no link between immigration rates and unemployment patterns. This is due to job market demographics and the benefits READ MORE READ MORE