Migrants feel inflation's squeeze twice — at home and abroad
In nearly every corner of the globe, people are spending more on food and fuel, rent and transportation
Dubai, UNITED ARAB EMIRATES (AP) — In nearly every corner of the globe, people are spending more on food and fuel, rent and transportation.
But inflation isn't affecting people equally. For migrants with relatives relying on money they send back, higher prices are pinching families twice: at home and abroad.
Migrant workers who send cash to loved ones overseas are often saving less because they’re forced to spend more as prices rise. For some, the only option is hustling harder, working weekends and nights, taking on second jobs. For others, it means cutting back on once-basic things like meat and fruit so they can send what’s left of their savings to family back home, some of whom are struggling with hunger or conflict.
“I used to save something, about $200 weekly. Now, I can barely save $100 per week. I live by the day,” said Carlos Huerta, a 45-year-old from Mexico working as a driver in New York City.
