Less jobs in Salvadoran industry

As of November 2008, local industry lost 7,000 jobs as a result of the reduction in production and sales.

Friday, January 30, 2009

Elsalvador.com reports on its website: "The Salvadoran Association of Industrial Companies (ASI) presented its 2008 Industrial Report.

"With the fall in the Volume of Industrial Production, job loss began and this is logical as companies are producing less, fewer labor is required," explained the technical manager of the group, Doris de Rivera."

More on this topic

NO to New Industrial Policy in El Salvador

October 2014

According to entrepreneurs the government's proposal for the development of the manufacturing sector does not include a budget nor does it specify how results will be measured.

The Salvadoran Association of Industrialists (ASI) highlighted a number of deficiencies observed in the National Policy for Development, Diversion and Productive Transformation of El Salvador.

Industrial Exports Stalled

October 2012

The Salvadoran industry sold $3,649,000 worth of goods between January and August 2012, 0.5% less than in the same period in 2011.

The decline occurred despite a 8.5% increase in export volumes, which reached 2.009 million kilograms, 158 million more than in the previous year.

Slight Recovery of Salvadoran Industry

December 2010

Despite adverse economic conditions the industry has managed to grow 1.27% this year.

Details given by the Salvadoran Association of Industrialists (ASI), indicate the area which have rebounded the most is textiles, while construction closed with a negative -5.4%.

Elsalvador.com reported statements from Javier Siman, president of the ASI, indicating that industry remains stagnant and has not grown as expected.

ILO expects more unemployment in the region

January 2009

According to the latest report from the International Labour Organisation (ILO) less jobs will be created in 2009 due to the economic crisis.

Elnuevodiario.com.ni reports: "With growth forecasts of between 2% and 3% compared to the 5% average for the last five years, "the generation of jobs will be not be enough to meet the demand for labor and, hence, the levels of unemployment will probably increase" in the region, according to the Labor Panorama 2008 report".

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The objetive of Costarican Association of Students of Industrial Engineering and Related Careers is to formalize the communication channels between students of industrial engineering and related careers, to promote integration and professional growth.
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