Tag Archives: auto jobs

Auto Jobs Continue Shift to Mexico

Manufacturing jobs in the US continue to disappear at a record rate with automaker layoffs steadily increasing since 2016. On the other side of the border, Mexico is rapidly growing as a manufacturing hub for all major automakers. The country is currently the primary exporter of automobiles to the US and the overall 4th largest exporter of automobiles in the world. A recent US Federal Reserve report noted that overall manufacturing production fell by .4% in May 2017, led by a 2% decline in motor vehicle and auto parts production. The automobile industry is the largest manufacturing and retail sector in the US. Autos make up about 3% of gross domestic product.