May remittances rise to highest level since 2008

LAT - Signaling an improved labor market, remittances to Mexico rose in May, its highest level since October 2008. Remittances, or money wired abroad by immigrants, totaled $2.34 billion in May, up 7.8 percent from the previous May.

www.latimes.com/business/money/la-fi-mo-mexico-remittances-rise-in-may-20120703,0,4132150.story