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October 1985, Vol. 108, No. 10
The 1982 Mexican peso devaluation
and border area employment
Economist, Office of Employment and Unemployment Statistics, Bureau of Labor Statistics
Unemployment in U.S. border areas peaked in 1982 after the devaluation of the Mexico peso; increased manufacturing employment on the Mexican side adds to the number of Mexican consumers for U.S. purchases, creating more retail and service jobs on the U.S. side.
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