Home Business-newBusiness Average daily wage for Mexicans in the U.S. is 62 USD, while in Mexico it’s only 16.72 USD

Average daily wage for Mexicans in the U.S. is 62 USD, while in Mexico it’s only 16.72 USD

by Yucatan Times
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Job opportunities for Mexican workers have risen again in the United States, and have even surpassed the job offers generated in Mexico, due to the greater dynamism of the world’s largest economy and despite the anti-immigration policy of the Donald Trump administration.

During the first eight months of 2017, the United States offered 799 thousand 379 hundred jobs for Mexican workers (legal and illegal).

The figure is 18.2% larger than the 676 thousand 241 hundred job posts generated during that same period in the legal labor market in Mexico, according to data from the U.S. Census Bureau.

The U.S. government has announced measures which have boosted economic growth in the U.S. at a rate of 3.1% during the second quarter of the year (the highest in two years) and has favored the labor market, in particular, that of Mexican natives with citizenship.

The number of jobs available to Mexicans with citizenship (children born in the United States from Mexican parents, and legal Mexican immigrants) was of 729 thousand 738 hundred jobs between January and August, surpassing the 52 thousand for the same period in 2016.

Nevertheless, job offers for Mexican workers without citizenship have plummeted, going from 267 thousand 353 hundred last year, to just 69 thousand 641 reported in August 2017 – a drop of 74%.
Employers prefer to hire more Mexicans with citizenship due to the fear of having their staff deported, explained Alejandro Cervantes, economic analyst of Banorte-Ixe.

The United States has become a “relief valve” on the face of the limited offer of formal jobs with good pays in Mexico, according to José Luis de la Cruz, director of the Institute for the Industrial Development and Economic Growth.

The average annual wage of Mexicans who worked in the United States last year was of one thousand 177 hundred Mexican pesos ( $ 62 USD* per day), according to the National Population Council (CONAPO), 3.7 times higher than the average wage of workers registered before the Mexican Institute on Social Security, which was of 318 Mexican pesos ($ 16.75 USD* per day) in 2016.

Interview with Alejandro Cervantes, economic analyst of Banorte-Ixe

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