El Paso, Las Cruces and Juarez combined create 35,000 year-over-year jobs in October, the Hunt Institute says
by: Julian Resendiz
Posted: Dec 14, 2021 / 7:23 PM ESTUpdated: Dec 14, 2021 / 7:23 PM EST
TO GO WITH AFP STORY
Workers at a cross-border factory work on a production line in Ciudad Juarez, Mexico on June 13, 2011. While local businesses in Mexico’s deadliest city, Ciudad Juarez, are ravaged by high murder rates and criminal gangs, multinational industry is booming. Many small shops are empty on the deserted streets of the border town across from El Paso, Texas, while foreign manufacturers are increasingly building factories called “maquiladoras” that import and assemble duty-free components for export. Some companies have increased their security costs in northern border towns like Ciudad Juarez, but officials say maquiladoras are not at risk because they lack what gangs want most, which is cash. AFP PHOTO / JESUS ALCAZAR (Photo credit should be Jesus Alcazar / AFP via Getty Images)
EL PASO, Texas (Borders Report) – Jobs are returning to the Paso del Norte area.
El Paso, Las Cruces, New Mexico, and particularly Juarez, Mexico, saw employment spike in October. El Paso created 8,900 jobs in October, led by growth in services, commerce and transportation, the University of Texas of the Hunt Institute for Global Competitiveness in El Paso reported Tuesday.
The same three sectors fueled employment growth in Las Cruces, which created 2,300 jobs. Juarez has created 23,900 jobs led by its signature manufacturing sector.
Juarez is home to more than 300 U.S.-operated manufacturing facilities, and the Mexican government has designated many as key businesses, which saved them from COVID-19 closures. According to the Hunt Institute’s December 2021 report, Juarez has seen employment growth over the past 15 months year over year.
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But while El Paso’s manufacturing sector continues to stagnate, it tops all of the major Texan cities when it comes to sales tax collection growth, the report said.
El Paso collected $ 93.5 million in sales tax for the first 10 months of the year, up 20.3 percent from pre-pandemic levels in 2019. During the same period in 2020, it also raised $ 16 million -Dollars more one.
El Paso was also one of the top 4 on the southwest border in terms of international trade. El Paso’s ports of entry saw trade increase 11.2 percent in the first 10 months of 2021 compared to 2019, the Hunt Institute reported.
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