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In keeping with the U.S. Bureau of Labor Statistics (BLS), employment for engineers typically was expected to develop 9 p.c from 2012-2022, whereas positions in mechanical engineering were anticipated to extend at a slower fee of 5 percent (). Automotive engineers, falling into the broader classification of mechanical engineers, earned a median annual salary of $eighty two,one hundred in 2013, in line with the BLS.
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The slump in production and gross sales will result in job losses. In accordance with union estimates, round 12,000 employees (out of a total of one hundred,000 in the business) are susceptible to redundancy, and a few employees have already been dismissed. Labour troubles are more critical in the auto-parts segment: for small auto-elements corporations, labour costs signify 30-35% of manufacturing prices, and these companies are unable to sustain employment during downturns. Labour troubles are also affecting cars distributors (of which there are round 800), as well as these within the logistics and transportation sectors.