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Copyright(c) 2010 Juan B. Morales1 WMTA April 2010 Juan B. Morales de la Garza MBA CCP RUIZ-MORALES & ASSOCIATES April 21 st 2010 Tel :(01152664) 686-4116.

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Presentation on theme: "Copyright(c) 2010 Juan B. Morales1 WMTA April 2010 Juan B. Morales de la Garza MBA CCP RUIZ-MORALES & ASSOCIATES April 21 st 2010 Tel :(01152664) 686-4116."— Presentation transcript:

1 Copyright(c) 2010 Juan B. Morales1 WMTA April 2010 Juan B. Morales de la Garza MBA CCP RUIZ-MORALES & ASSOCIATES April 21 st 2010 Tel :(01152664) 686-4116 Fax: (01152664) 686-1998 Email: ruizmorales@prodigy.net.mx www.ruiz-morales.com.mx Labor & Economic Indicators 2009-2010

2 Copyright(c) 2010 Juan B. Morales2 PRESENTATION OBJECTIVES 1.0 Employment Indicators – 1.1 Tijuana IMMEX Employment 1.2 Tijuana vs U.S. Unemployment Data 2.0 BANXICO Expectativas Survey Update –

3 Copyright(c) 2010 Juan B. Morales3 EMPLOYMENT INDICATORS 1.0 EMPLOYMENT INDICATORS Good News for 2010 ???

4 Copyright(c) 2010 Juan B. Morales4 EMPLOYMENT INDICATORS 1.0 EMPLOYMENT INDICATORS National IMMEX Employment continues to fall at a Slower Rate Source: INEGI

5 Copyright(c) 2010 Juan B. Morales5 EMPLOYMENT INDICATORS 1.0 EMPLOYMENT INDICATORS National IMMEX Employment by Hiring Mode 78.2% Hired Directly & 21.8% Subcontracted Source: INEGI

6 Copyright(c) 2010 Juan B. Morales6 EMPLOYMENT INDICATORS 1.0 EMPLOYMENT INDICATORS Tijuana Maquila Employment continues to fall 2007  Jobs Lost 6,564 (+ 3.8%)* Jul to Dec Avg. 2008  Jobs Lost 12,075 (- 6.8%) Avg. Yearly Employment 2009  Jobs Lost 27,444 (- 16.6%) Source: INEGI

7 Copyright(c) 2010 Juan B. Morales7 2.0 EMPLOYMENT INDICATORS 2.0 EMPLOYMENT INDICATORS Tijuana Maquila Employment continues to fall Tijuana Maquila Employment continues to fall December 2006  568 Maquilas (INEGI) December 2006  568 Maquilas (INEGI) December 2010  590 IMMEX Companies (INEGI) December 2010  590 IMMEX Companies (INEGI) ???

8 Copyright(c) 2010 Juan B. Morales8 EMPLOYMENT INDICATORS 1.0 EMPLOYMENT INDICATORS Tijuana Maquila Employment continues to fall 2007  Jobs Lost 6,564 (+ 3.8%)* Jul to Dec Avg. 2008  Jobs Lost 12,075 (- 6.8%) Avg. Yearly Employment 2009  Jobs Lost 27,444 (- 16.6%) Source: INEGI

9 Copyright(c) 2010 Juan B. Morales9 EMPLOYMENT INDICATORS 1.0 EMPLOYMENT INDICATORS Tijuana Unemployment continues to Rise Source: Tijuana Data INEGI / Avg. U.S. Data BLS

10 Copyright(c) 2010 Juan B. Morales10 1.0 EMPLOYMENT INDICATORS Tijuana Maquila Turnover March Slight Increase ? Slow Recovery ?

11 Copyright(c) 2010 Juan B. Morales11

12 Copyright(c) 2010 Juan B. Morales12 2.0 Inflation in 2010 is Higher than last Year ** Yearend Projection National 5.3%e- Stable Xchg Rate => Less Inflation for Tijuana

13 Copyright(c) 2010 Juan B. Morales13 Thank You ! Questions ?

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