Mexico has long been a strategic location for manufacturing, offering cost-effective labor and proximity to major markets like the United States. As of 2025, it’s crucial to assess whether Mexico’s manufacturing labor rates remain competitive in the global landscape. Current Manufacturing Labor Rates in Mexico As of December 2024, the nominal hourly wage in Mexico’s […]
Labor Force
Accessing Mexico’s Potential: Is the Labor Force Ready for Advanced Manufacturing?
Advanced manufacturing is revolutionizing industries worldwide, leveraging technologies such as robotics, artificial intelligence (AI), the Internet of Things (IoT), and new materials to enhance productivity, efficiency, and innovation. As companies seek competitive advantages, many explore the benefits of relocating or expanding operations to countries with favorable conditions. Mexico, with its strategic location, trade agreements, and […]