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Thursday, January 2, 2014

Sleeper economic issue of the year: The rise of Mexico’s economy

Changing fast.
It gets scant attention here at home, but Mexico has added 2 million jobs since 2010 and is growing fast. The trends are particularly pronounced in auto manufacturing: Mexicohas been adding auto industry jobs over the past decade while the rest of North America has been shedding them. If this continues, it could have a huge impact on the immigration debate: Many demographers expect illegal immigration into the United States to keep shrinking in the years ahead as Mexico gets richer.

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