CNSNews.com) - U.S.-majority-owned multinational enterprises employed 1,106,700 in Mexico in 2012 (the latest year on record), according to data released by the U.S. Bureau of Economic Analysis, but Mexican-majority owned enterprises employed only 68,800 in the United States that year.
That means that U.S.-controlled multinationals employed 1,037,900 more people in Mexico than Mexican-controlled multinationals employed in the United States.
Put another way, multinational enterprises that had a majority U.S. ownership employed 16 times as many people in Mexico as Mexican-controlled multinationals employed in the United States.
Forty-nine percent of the jobs--546,500 of 1,106,700--that U.S.-controlled multinationals maintained in Mexico in 2012 were in manufacturing, according to the BEA. (See Table 5.2 in the August 2014 BEA report "Activities of U.S. Multinationl Enterprises in 2012.")
Those 546,500 Mexican manufacturing workers employed by U.S.-controlled multinationals included at least 100,000 in transportation equipment manufacturing, 71,300 in food manufacturing, 53,700 in computer and electronic products manufacturing, 34,000 in machinery manufacturing, 32,200 in chemical manufacturing, 30,500 in electrical equipment, appliances and components manufacturing, 18,600 in primary and fabricated metals manufacturing.
Of the 68,800 that Mexican-controlled multinationals employed in the United States in 2012, 56,200 were in manufacturing, according to the BEA.
The 546,500 that U.S.-controlled multinationals employed in manufacturing in Mexico was almost 10 times as many as the 56,200 Mexican-controlled multinationals employed in manufacturing here.
The overall number of workers that U.S.-majority-owned multinationals employ in Mexico has been increasing.
