Copyright(c)2013 Juan B. Morales Ph.D. CCP 1 WMTA July 2013 Juan B. Morales de la Garza Ph.D. CCP RUIZ-MORALES & ASSOCIATES July 17 th 2013 Tel :(01152664)

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Copyright(c)2013 Juan B. Morales Ph.D. CCP 1 WMTA July 2013 Juan B. Morales de la Garza Ph.D. CCP RUIZ-MORALES & ASSOCIATES July 17 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 _ IMMEX Employment Data 2.0 Economic Indicators - Inflation - Revised Projections

Copyright(c)2013 Juan B. Morales Ph.D. CCP EMPLOYMENT INDICATORS Voluntary Turnover for 2013 lower than 2012

Copyright(c)2013 Juan B. Morales Ph.D. CCP EMPLOYMENT INDICATORS Total IMMEX Employment 2’314,648 : Manufacturing: 2,027,202 (87.6%) Non-Manufacturing: 287,446 (12.4%) Validation with our Longitudinal Sample.

Copyright(c)2013 Juan B. Morales Ph.D. CCP EMPLOYMENT INDICATORS Total IMMEX Establishments 6,290 : Manufacturing: 5,110 (81.2%) Non-Manufacturing: 1,180 (18.8%)

Copyright(c)2013 Juan B. Morales Ph.D. CCP EMPLOYMENT INDICATORS Total IMMEX Establishments 6,290 : Manufacturing: 5,110 (81.2%) Non-Manufacturing: 1,180 (18.8%)

Copyright(c)2013 Juan B. Morales Ph.D. CCP EMPLOYMENT INDICATORS Total IMMEX Employment 2’348,928 : Manufacturing: 2,057,367 (87.6%) Non-Manufacturing: 291,561 (12.4%)

Copyright(c)2013 Juan B. Morales Ph.D. CCP EMPLOYMENT INDICATORS Total IMMEX Employment 2’348,928 : Manufacturing: 2,057,367 (87.6%) Non-Manufacturing: 291,561 (12.4%)

Copyright(c)2013 Juan B. Morales Ph.D. CCP EMPLOYMENT INDICATORS Total IMMEX Employment 2’348,928 : Manufacturing: 2,057,367 (87.6%) Non-Manufacturing: 291,561 (12.4%)

Copyright(c)2013 Juan B. Morales Ph.D. CCP EMPLOYMENT INDICATORS & Outsourcing Total IMMEX Employment 2’348,928 : Manufacturing: 2,057,367 (87.6%) Non-Manufacturing: 291,561 (12.4%)

Copyright(c)2013 Juan B. Morales Ph.D. CCP EMPLOYMENT INDICATORS – OutsourcingTrends

Copyright(c)2013 Juan B. Morales Ph.D. CCP National Inflation Higher than 2012 Projected Inflation %.

Copyright(c)2013 Juan B. Morales Ph.D. CCP Projections: Uncertainty due to Structural Changes in the Mexican Economy

Copyright(c)2013 Juan B. Morales Ph.D. CCP 14 Thank You ! Questions ?

Copyright(c)2013 Juan B. Morales Ph.D. CCP 15 New Minimum Wage for % Increase ($2.43 Pesos per Day)

Copyright(c)2013 Juan B. Morales Ph.D. CCP 16

Copyright(c)2013 Juan B. Morales Ph.D. CCP EMPLOYMENT INDICATORS Unemployment Rates - Baja California Lower than 2012 Tasa de Desocupación Q Q BC (5.7%) Higher =>National Rate (4.9%) Q Q BC (6.1%) Higher =>National Rate (4.8%) Q Q BC (7.1%) Higher =>National Rate (5.2%) Q BC (5.8%) Higher =>National Rate (4.9%) Q BC (4.4%) Less than National Rate (4.9%) States with High Migration BC – One of the Targets for Migration