• January 20, 2022
 Paso del Norte Economic Indicator shows positive movement in jobs, wages for region

Photo courtesy Hunt Institue

Paso del Norte Economic Indicator shows positive movement in jobs, wages for region

According to the most recent report from the Hunt Institute for Global Competitiveness, El Paso and Las Cruces continued on their upward trend of jobs, while Juarez showed growth in wages.

The most recent economic numbers for May show that non-farm jobs in El Paso and Las Cruces increased on a monthly basis with gains of 1,100 jobs and 800 jobs, respectively.  This was the fourth-straight month of increases for the cities this year.

Just over the border, Juárez non-farm employment decreased by 600 jobs in May compared to April, ending its four-month streak of gains.

However, average wages in maquiladoras for both production and administrative workers increased Juárez during the
first four months of the year compared to the same period in 2020.

Another sector showing growth in the region was air travel, with airports in the region showing rapid, post-pandemic growth.

According to the research, rom March to May of this year, El Paso, Ciudad Juárez, Albuquerque, and San Antonio airports reached their highest numbers in terms of air passengers since February 2020.

To read the entire report, click here.  For our previous coverage on the Hunt Institute, click  here.

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