Posts tagged 'employment':

12-year employment record in Chihuahua

February 5, 2013

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Thanks to industrial growth in Juarez in 2012, the State of Chihuahua broke a 12-year record, according to figures from the Mexican Social Security Institute (IMSSS). After 5 years, the State is only 16,097 jobs short of pre-October 2007 crisis figures.

IMSS data show that in 2012 the State generated 37,580 new jobs, a figure not seen since 2000, when 37,410 jobs were created.

This means 5.8% growth, since the number of registered jobs went from 652,505 to 690,085 last year; in 2000 growth equaled 5.6%.

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Industry contributed with 94% of new jobs

January 9, 2013

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It is the Processing Sector that has propped up employment in Chihuahua this year, by growing 11% and generating 94% of new jobs. Data from the Mexican Social Security Institute (IMSS) show that between January and November 2012, 21,820 jobs were generated at the city, going from 313,994 to 335,814.

From those 21,820 jobs –a figure not seen for a similar term in 7 years–, 20,534, i.e. 94%, were generated by the Processing Sector, which includes maquiladoras and domestic industry.

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Maquilas add 23,000 jobs

December 14, 2012

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Maquiladora industry has generated close to 23,000 new jobs this year, according to data provided by Maquiladoras Association, Asociacion de Maquiladoras Asociacion Civil (AMAC).

A report from AMAC, based on figures from the Mexican Social Security Institute (IMSS) shows that last December maquiladora industry ended with 192,349 jobs. While with the growth this year, upon closing November maquiladoras reported 215,331 jobs, for a net gain of 22,982 jobs in 2012.

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Medical device sector creates jobs in Tijuana

June 22, 2012

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While Baja California’s maquiladora industry has seen slow growth in recent years, some of its sectors have been booming — and leading the pack is the assembly of medical devices.

In the past six years, the number of direct jobs in Tijuana’s medical-device sector has more than doubled — from 15,000 to nearly 31,000, according to state and industry figures. Across Baja California, more than 42,000 people are employed in the sector, accounting for more than half the medical-device industry jobs in Mexico.

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Mexican Peso Strengthens as U.S. Jobs Boost Economic Confidence

March 16, 2012

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Mexico’s peso advanced after a drop in U.S. jobless claims fueled optimism that Latin America’s second-biggest economy will benefit from a pickup in growth in its largest trading partner.

The peso gained 0.5 percent to 12.6575 per U.S. dollar at 3 p.m. in Mexico City. The currency weakened 1.3 percent yesterday to 12.7265, its biggest daily decline since Dec. 12. It’s up 10.1 percent in 2012.

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Mexico grows above the world’s economy

February 29, 2012

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Mexico is growing above the world economy and developed countries; however, structural reforms must be approved to achieve higher rates, according to Agustin Carstens, Governor of Mexico’s Central Bank, Banco de Mexico (Banxico).  

The economy is growing “reasonably well” reaching 3.9% growth in 2011, and this year it could be 3.5%, Mr. Carstens said.

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Obama’s proposal to “bring jobs back home”

February 20, 2012

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President Obama is meeting with executives from 14 companies Wednesday to encourage them to bring jobs back to the United States.

The so-called “Insourcing American Jobs” forum at the White House includes leaders from Ford (F, Fortune 500), DuPont (DD, Fortune 500), Intel (INTC, Fortune 500), Otis Elevators and Rolls Royce, among others.

“I’m calling on those businesses that haven’t brought jobs back to take this opportunity to get the American people back to work,” Obama said in prepared remarks. “That’s how we’ll rebuild an economy where hard work pays off and responsibility is rewarded — and a nation where those values live on.”

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30 new companies might come to TJ

January 17, 2012

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Taking into account the current economic environment and considering that the economic variables behave the same way as last year, the Secretary for Economic Development of the City Council, Miguel Velasco Bustamante, estimated that about 30 companies might be opened during 2012.

“We expect a similar year as the last one, the economic environment has not changed, but we’re going to continue attracting investments” he said. Read more »

Tijuana’s Maquiladora Industry, second place nationally

December 22, 2011

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The Maquiladora Industry of Tijuana is currently competing nationally with Ciudad Juarez in terms of employment generation,  ranking in second place with 158 000 below the 170 000 generated per year in Chihuahua.  This was announced in an interview by the president of the Maquiladora Industry Association (AIM), Yael Lomeli Pierce.

Lomelí explained that according to statements concerning the functioning of national industries, which were exhibited at the convention held last October in the city of Guanajuato, some aspects were evaluated to position each industry at a national level.

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Tijuana, leader in maquiladora industry.

November 17, 2011

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In the 38th celebration of the Convención Nacional del Consejo Nacional de la Industria Maquiladora y Manufacturera de Exportación (CNIMME), Tijuana was recognized as a leading city in the draft, for being the first source of employments.

At this annual event, Tijuana’s manufacturing industry was catalogued as one of the most outstanding, since it generates more than the half of the employments in the city, said the Asociacion de la Industria Maquiladora (AIM) in Tijuana.

The maquiladora industry constitutes one of the principal economic sectors of our country, as it was indicated, due to its generation of employments, legal and fiscal fulfillment, transfer of technology, world trends of manufacture, human resources, putting the city at the forefront.

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