EL PASO - Strong population and trade growth in El Paso, Las Cruces and Juárez, coupled with Juárez's strong manufacturing industry, should provide continued economic development and employment opportunities for the Paso del Norte region — comprising West Texas, New Mexico and Chihuahua.
The report produced by the Hunt Institute at the University of Texas at El Paso shows
• the longtime problem of low wages in the manufacturing sector in Juárez
• a list of top manufacturing employers in Juárez that confirms its role as a center of automotive and electronics production
• population growth in El Paso, Las Cruces and Juárez in the last two decades that has outpaced national growth rates in the United States and Mexico
Production workers at Juárez manufacturing plants, known as maquiladoras, had the second-lowest monthly wages among nine border cities in Mexico at the end of last year at an average $422 per month.
The lowest wages were in Acuña, across from Del Rio, Texas, with an average $401 per month.
However, monthly wages of Juárez's factory management personnel were the highest among Mexico border cities at $2,238 per month.
The "Paso Del Norte Economic Indicator Review" is the first of Hunt's quarterly economic snapshots with data gathered from both sides of the U.S.-Mexico border to help policy makers and community leaders in this binational region plan economic development initiatives and industry recruitment.
It focuses on economic development-related research for this international region.
The institute also will soon release a report on the regional aerospace industry, followed by other industry cluster reports in the future. It also will be releasing maps of regional work-force training and education resources tied to the various clusters.
The report contains a list of Juárez's top ten maquila operators by number of employees. Those factories make automotive, electronics and medical devices, and employ about 75,000 workers, which the report says, is a third of all export-oriented manufacturing employment in Juárez.
The El Paso, Las Cruces and Juárez area has about 2.5 million people and is projected to grow to 3.4 million people in the next 15 years.
See Spring 2015 Paso Del Norte Economic Indicator Review
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