Copyright(c)2013 Juan B. Morales Ph.D. CCP 1 WMTA January 2013 Juan B. Morales de la Garza Ph.D. CCP RUIZ-MORALES & ASSOCIATES January 16 th 2013 Tel :(01152664)

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Copyright(c)2013 Juan B. Morales Ph.D. CCP 1 WMTA January 2013 Juan B. Morales de la Garza Ph.D. CCP RUIZ-MORALES & ASSOCIATES January 16 th 2013 Tel :( ) Fax: ( ) Labor and Economic Indicators Update for 2013

Copyright(c)2013 Juan B. Morales Ph.D. CCP 2 PRESENTATION OBJECTIVES 1.0 Employment Indicators – Tijuana Turnover _ Baja California Unemployment _ IMMEX Employment Data 2.0 Economic Indicators - Inflation 3.0 Modified Projections for 2012

Copyright(c)2013 Juan B. Morales Ph.D. CCP EMPLOYMENT INDICATORS Voluntary Turnover for 2013 slightly Higher than past 3 years.

Copyright(c)2013 Juan B. Morales Ph.D. CCP INDICADORES DE EMPLEO Total IMMEX Employment 2’190,339 : Manufacturing: 1,976,412 (90.2%) Non-Manufacturing: 213,927 ( 9.8%)

Copyright(c)2013 Juan B. Morales Ph.D. CCP INDICADORES DE EMPLEO Total IMMEX Employment 2’190,339 : Manufacturing: 1,976,412 (90.2%) Non-Manufacturing: 213,927 ( 9.8%)

Copyright(c)2013 Juan B. Morales Ph.D. CCP EMPLOYMENT INDICATORS Unemployment Rates Source: ENOE / INEGI onteraNNac.pdf onteraNNac.pdf 1.0 EMPLOYMENT INDICATORS Unemployment Rates Q Baja California (5.7%) Higher than National (4.9%) Q Baja California (6.1%) Higher than National (4.8%) Q Baja California (7.1%) Higher than National (5.2%) States with High Migration BC – One of the Targets for Migration

Copyright(c)2013 Juan B. Morales Ph.D. CCP Very Aggressive Employment Growth Objectives for Baja California in 2013

Copyright(c)2013 Juan B. Morales Ph.D. CCP Very Aggressive Employment Growth Objectives for Baja California in 2013

Copyright(c)2013 Juan B. Morales Ph.D. CCP National Inflation Lower than 2011 ** December’s Inflation – Lowest Since 2004

Copyright(c)2013 Juan B. Morales Ph.D. CCP **2013 ** Projections

Copyright(c)2013 Juan B. Morales Ph.D. CCP 11 New Minimum Wage for % Increase ($2.43 Pesos per Day)

Copyright(c)2013 Juan B. Morales Ph.D. CCP 12 Fiscal Reform ???

Copyright(c)2013 Juan B. Morales Ph.D. CCP 13 Thank You ! Questions ?

Copyright(c)2013 Juan B. Morales Ph.D. CCP 14