Mexico Garment Trade Down 400,000 Jobs
\nPrensa Latina,\u00c2\u00a0Cuba<\/p>\n
<\/p>\n
Mexico, Feb 21 (Prensa Latina) Some 400,000 Mexicans lost their jobs in the clothing industry this year, National Garment Industry Board admitted Thursday.<\/p>\n
The situation began with the country’s current economic deceleration reflecting the crisis in the US, the organization added.<\/p>\n
The report states that if, as predicted, the Mexican economy only grows three percent this year, 800,000 workers of the sector would be forced to turn to other ways to survive.
\nExports fell 1.5 percent of production during January and 8 percent of installed capacity.
\nThe situation might worsen due to used clothing in preferential condition entering from other nations, the report points out.<\/p>\n
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PL-30<\/p>\n","protected":false},"excerpt":{"rendered":"
Mexico Garment Trade Down 400,000 Jobs Prensa Latina,\u00c2\u00a0Cuba Mexico, Feb 21 (Prensa Latina) Some 400,000 Mexicans lost their jobs in the clothing industry this year, National Garment Industry Board admitted Thursday. The situation began with the country’s current economic deceleration reflecting the crisis in the US, the organization added.<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"yoast_head":"\n