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Business

INEGI: Employment in Manufacturing Grew 2.5% in January

Meanwhile, the agency recorded a decrease in employment and productivity in the manufacturing of industrial petroleum products and coal, the chemical industry, and the logging sector

INEGI
By Notimex Whatsapp Twitter Facebook Share
2 years ago

In January of this year, employment in the manufacturing sector grew by 2.5 percent compared to the same period last year, the National Statistics and Geography Institute (INEGI) reported.

The agency notes that for the month employment hours worked increased 3.1 percent and real average wages paid, including wages, salaries and benefits increased 1.4 percent compared to the January of 2015.

According to the report Indicators of the Manufacturing Sector, the fastest growing industries reported productivity increases for the manufacturing of transportation equipment with 5.9 percent; furnitures, mattresses and blinds with 4.8 percent; textiles and finished manufactured textile products with 4.1 percent; and computer, communications and electronic equipment and accessories rising 4.0 percent.

Meanwhile, the agency recorded a decrease in employment and productivity in the manufacturing of industrial petroleum products and coal with 5.2 percent; the chemical industry with a 2.9 percent decrease; and the logging sector with 1.9 percent.

INEGI said that according to monthly figures, the employment in the manufacturing sector grew 0.3 percent in January with respect to the previous month.

Since December 2015, hours worked in the manufacturing sector rose 0.4 percent for the month.

Additionally, real average wages paid reported a monthly increase of 1.4 percent, reported INEGI.

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