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Business News | June 2005
Employment In Assembly Sector Up By 7.8 Percent Wire services
| Young female workers at one of the Maquiladoras in Cd. Juarez. Average pay in these assembly plants is 4 U$Dollars per day. Under the North American Free Trade Agreement (NAFTA) Maquiladoras are strictly assembly operations and are tax excempt in both Mexico and the US. | The number of jobs in the nation's export-oriented assembly industry was up 7.8 percent in the first quarter compared with the same period in 2004, officials said Monday.
Hours worked in the assembly plants, known as maquiladoras, during the first three months of the year rose 6 percent, but earnings were down, said the INEGI statistics agency in a communique.
As of the end of March, the maquiladora industry employed almost 1.16 million people, 7.8 percent more than in the same month last year and up 0.44 percent from February.
The number of people employed in administrative jobs increased most 11.8 percent followed by technicians (9.1 percent) and assembly-line workers (7.1 percent).
Hours worked during March rose 7.3 percent but salaries rose only marginally, moving up 0.1 percent.
Some 2,800 assembly plants operate in Mexico, supplying about 50 percent of the country's exports, of which almost 90 percent go to the United States.
In 2004, the year that the nation's economy began to improve after three years of stagnation, employment in the maquiladora sector grew 4.7 percent. |
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