There are fewer undocumented immigrants in California – and the Sacramento region – because many are now finding the American dream south of the border.
“It’s now easier to buy homes on credit, find a job and access higher education in Mexico,” Sacramento’s Mexican consul general, Carlos González Gutiérrez, said Wednesday. “We have become a middle-class country.”
Mexico’s unemployment rate is now 4.9 percent, compared with 9.4 percent joblessness in the United States.
Mexico’s average standard of living – including health, education and per capita income – is now higher than those in Russia, China and India, according to the United Nations.
Mexico’s economy is growing at 4 percent to 5 percent, benefiting from low inflation, exports and a strong banking system, the consul said.