Find market rates for jobs by location, industry, and size. Members of The Conference Board get exclusive access to the full range of products and services that deliver Trusted Insights for What's AheadTM including webcasts, publications, data and analysis, plus discounts to conferences and events. startxref . The manufacturing industry is expected to create only 19 new jobs in the 77 industries it serves. (4) Pay for time worked is primarily base wages and salaries, overtime pay, regular bonuses and premiums (paid each pay period), and cost of living adjustments. 0000072769 00000 n $-@\Dp6in``Hxu"A`bcIxEt>:-9%d\Rrj&"dVf:6Fllv5NI8o@r'goocjcrmlZ=6s!C|t,4Bh*3v "FA ` RR - 88B(CAh We are ISO/TS 169492009 and ISO 9001-2008 certified, with US-style customer service and support. Manufacturing workers make the most in Oregon, North Dakota, Washington, Alaska, and Connecticut. 48 Sur Centenario #205 The ILO Global Wage Database covers four indicators from 1995 to 2013 for all ILO member States (where available): minimum wages, average nominal wages, average real wages and average real wage growth. According to the U.S. Department of Labor, measuring hourly manufacturing compensation costs on an all employees basis changes the position of some countries relative to the United States. This means that even the average salary of 5,712 . Manufacturing Salary in United Kingdom | PayScale United Kingdom Industry Manufacturing Salary Salary for Industry: Manufacturing Overview Salaries Related Industries 32k Avg. Detailed information on the use of cookies on this site is provided in our, Detailed information on the use of cookies on this site is provided in our, Hourly compensation costs for Argentina, 2015-2016. However, individual states have the power to increase the federal minimum wage, and 29 of them have done so. "}.mw-parser-output .srn-white-background{background:#fff}.mw-parser-output .static-row-numbers tr:hover{background:#eaf3ff}. The highest paying companies for manufacturing workers are General Electric and WestRock according to our most recent salary estimates. 0000013883 00000 n The average salary range for a Factory Worker is between 16,849 and 25,840. The use of all TCB data and materials is subject to the Terms of Use. Contact us to discuss your manufacturing needs. Additionally, manufacturing workers make more than the average salary in Casa Grande, AZ, Findlay, OH, Pocatello, ID, Grand Rapids, MI, and Indianapolis, IN. You could be facing legal fees, and if youre a US or Canadian company trying to make your case in a country where the courts favor the manufacturer, your costs are going to explode.Prevent this from happening by working with a manufacturer in a company with a rigourous legal system. If the manufacturer is one days drive away, the longest it can take to have your finished goods delivered is one day. Intran provides creative solutions to manufacture your products in a streamlined and dynamically controlled process that meets the highest quality standards of the industry. For example, manufacturing workers make a whopping average salary of $37,170 while working in the transportation industry. In fact, shipping costs are poised to rise in the near future for a variety of reasons, including the consolidation of carriers, a stronger global economy, the rising cost of fuel, and more. However, this doesn't mean that the actual highest salary in India is only 1.43 Lakhs. 2023 The Conference Board Inc. All rights reserved. 2264 35 0000002649 00000 n Salaries By Country. "Average salaries in selected countries worldwide as of June 2021 (in U.S. An entry level manufacturing worker (1-3 years of experience) earns . +52 (777) 319 0511 Partly, it can be explained by China's cheaper workers: The average hourly wage for Chinese manufacturing workers is less than a tenth that of their average U.S. counterparts, according to the Bureau of Labor Statistics. In fact, as automation and technology improves, labor costs become less and less important. Manufacturing Salary Guide: Key Findings. %PDF-1.4 % 8 Manufacturing assistant Jobs in Ardwick. The data displayed are provided for informational purposes only and may only be accessed, reviewed, and/or used in accordance with, and the permission of, The Conference Board consistent with a subscriber or license agreement and the Terms of Use displayed on our website at www.conference-board.org. 168,133. Gross average monthly wages cover total wages and salaries in cash and in kind, before any tax deduction and before social security contributions. +52 (777) 319 1105 4190 Telegraph Road, Suite 2100 Unemployment rate in EU countries January 2022, Countries with the highest unemployment rate 2021, Average annual wages in 26 countries in Europe 2021, Latin America: minimum monthly wages in 2022, by country. Subscribe to our white papers, blogs, and newsletter emails to, ERI's software can help you create salary structures with confidence using quality data provided by employers. The Conference Board uses cookies to improve our website, enhance your experience, and deliver relevant messages and offers about our products. The average wage is a measure of total income after taxes divided by total number of employees employed. Sure beats a few weeks, doesnt it? The ideal entry-level account for individual users. Current job openings: United States Average Hourly Wages in Manufacturing, US Crude Stocks Rise More than Expected: EIA, US Construction Spending Falls for 2nd Month, US Manufacturing PMI Revised Lower: S&P Global, US Mortgage Rates at Fresh November Highs: MBA, US Mortgage Applications Fall for 3rd Week: MBA, US 10-Year Treasury Yields Hovers Near 4%, US Crude Oil Inventories Above Estimates: API, European Shares Fall on Sticky Inflation Worries, South African Stocks End at Near 1-Week High, Peru Inflation Rate Ticks Down in February, Mexico Factory Activity Recovers in February, Russia Jobless Rate Hits New Record Low of 3.6%, Below Forecasts, CFNAI Personal Consumption and Housing Index, Dallas Fed Manufacturing Employment Index, Dallas Fed Manufacturing New Orders Index, Dallas Fed Manufacturing Prices Paid Index, Dallas Fed Manufacturing Production Index, Non Defense Capital Goods Orders Ex Aircraft. 2264 0 obj <> endobj November 29, 2021. What do you think? Minimum wages were first utilized to address the exploitation of workers in sweatshops and then came to be seen as a way to prevent exploitation and help lower-income families everywhere. 28,142. View Top Manufacturing Executive salary data across 634 cities in Mullinville, KS. 0 The objective of non-discrimination and equal treatment in employment implies that workers should receive equal pay for work of equal value. Table 1. (3) Directly-paid benefits are primarily pay for leave time, irregular bonuses, and pay in kind. Average hourly wages hit $3.60 last year, spiking 64 . Also, it cant hurt to contract with a manufacturer close in proximity, like Mexico. In, Adzuna. Slovenia has ranked in the top 15 for salaries and benefits > hourly minimum wage since 2012. White label accounts can distribute our data. This field is for validation purposes and should be left unchanged. Cell: +52 (777) 328 9804, Intran Texas You need a Statista Account for unlimited access. Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022, Profit from additional features with an Employee Account. 0000000016 00000 n Menards Assembler in Belgrade makes about $15.43 per hour. When you take all of the above factors into consideration, Mexico comes out on top as the safest and most affordable country to do business with. In the United States, by comparison, the average wage in manufacturing was $24.55 per hour as of January 2022 almost 10 times higher than in Mexico. * Indicates "Economy of [country or territory]" links. API users can feed a custom application. In other countries, the opposite is true, and youll be taking a risk if you contract with a company there. Standard users can export data in a easy to use web interface or using an excel add-in. Average annual percent change in hourly compensation costs in manufacturing and exchange rates, Table 3. Mexico 62578, +52 (777) 320 6798 x 121 C 248.495.3250 We've worked with the auto industry, as well as the agricultural, marine, and powersports industries. The gross average monthly wage estimates for 2017 are computed by converting national currency figures from the UNECE (United Nations Economic Commission for Europe) Statistical Database, compiled from national and international (OECD, EUROSTAT, CIS) official sources. (5) For Austria, ISIC C Manufacturing excludes ISIC 12 Manufacture of tobacco products. To create our salary estimates, Zippia starts with data published in publicly available sources such as the U.S. Bureau of Labor Statistics (BLS), Foreign Labor Certification Data Center (FLC). We search every job, everywhere so you don't have to. The Conference Board and torch logo are registered trademarks of The Conference Board. . * Indicates "Economy of [country or territory]" links. 48 Sur Centenario #205 O 248.334.4142 x 700. Civac, Jiutepec, Morelos You can only download this statistic as a Premium user. In some countries (like Mexico), the legal system is honest and fair to foreign companies. Mexico 62578, +52 (777) 320 6798 x 121 Register in seconds and access exclusive features. 2298 0 obj <>stream Austin, Texas, is one of the most high-tech specialized cities in the country, with 53.6 percent of manufacturing jobs classified as high-tech compared to the national average of just 16.1 percent. Copy the URL to open this chart with all your selections. 0000005430 00000 n The monthly minimum wage in 56 major cities is 1,200 ringgit (US$291), whereas the minimum wage in non-urban areas and rural towns is 1,100 ringgit (US$266). . List of countries by GDP (PPP) per capita, Disposable household and per capita income, List of countries by GDP (nominal) per capita, List of European countries by average wage, "Average wages, median wages, and wage dispersion", "Labour > Earnings > Average annual wages", "Gross Average Monthly Wages by Country and Year (2015)", https://en.wikipedia.org/w/index.php?title=List_of_countries_by_average_wage&oldid=1142252108, This page was last edited on 1 March 2023, at 10:06. In fact, as automation and technology improves, labor costs become less and less important. The Conference Board is the global, nonprofit think tank and business membership organization that delivers Trusted Insights for What's Ahead. Average annual percent change in hourly compensation costs in manufacturing and exchange rates Table 3. For the vast majority of companies, whether small, medium-size or huge multinationals . Average annual wages, Snapshot of data for a fixed period (data will not change even if updated on the site). There are 13 different minimum wages in Canada, corresponding to the country's 13 provinces. Tons of great salary information on Indeed.com In general, the average factory worker earns between C$ 40,652 and C$ 62,344, depending on their position. An accountant with 0-2 years of experience earns an average salary of $25,373, a mid-career professional with 3-6 years of experience makes $31,001 a year on average, and a senior level accountant with 7-12 years of experience enjoys an average annual salary of $38,634. Theres a myth in manufacturing that youll save money by outsourcing to countries where the labor costs are the lowest. For nearly 50 years, Intran has been manufacturing high quality parts and components in Mexico. [Online]. Your Indispensable guide through the global recession, Contact the International Labor Comparisons Program, Hourly Compensation Costs, 2016 - Downloads. Historical Data (INR/Day) by years Data Period Date 272 2014 21.06.2018 Historical Chart by presidents (INR/Day) Ram Kovind Wages in India by presidents Other labor indicators in India Wages in other countries In other countries, the opposite is true, and youll be taking a risk if you contract with a company there. The Trading Economics Application Programming Interface (API) provides direct access to our data. 0000008540 00000 n Toggle navigation. 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For example, an average manufacturing . (Nowadays this is called nearshoring.) Are you interested in testing our business solutions? 0000012248 00000 n This page provides values for Wages in Manufacturing reported in several countries. (214) 202-2072 Covering all aspects of labor markets, from monthly development to long-term trends. Read more about the advantages of manufacturing in Mexico. Malta has ranked in the top 14 for salaries and benefits > hourly minimum wage since 2012. Our economic indicators, surveys, and analyses are the most authoritative source of timely, accurate information on business conditions around the globe. It examines whether selected economic indicators of the manufacturing sector in the region of the Visegrad Group countries can affect the level of average wages in the sector. Profit from the additional features of your individual account. See also: List of countries by GDP (PPP) per capita. Reprint requests are reviewed individually and may be subject to additional fees. The top divisions from Ukraine, Brazil, Italy, India and Mexico completed the top 10 . If you are an admin, please authenticate by logging in again. Use this code to embed the visualisation into your website. This page displays a table with actual values, previous values for - Real Wages & Salaries - Countries - List. What Does an Assembly/Production Worker Do. You may not use Our Trademarks in connection with any product or service that does not belong to us nor in any manner that is likely to cause confusion among users about whether The Conference Board is the source, sponsor, or endorser of the product or service, nor in any manner that disparages or discredits us. Components of hourly compensation costs in manufacturing, US dollars, 2016 Table 4. (2) Employer social insurance expenditures are legally required, private, and contractual social benefit costs, and labor-related taxes minus subsidies. Factory worker wages in the United States continue to be significantly higher than the average wage of an individual factory worker. Select your country to see jobs specific to your location. Minimum relative to average wages of full-time workers. Trading Economics welcomes candidates from around the world. Manufacturing workers may want to avoid working in the retail industry as it offers the lowest average salary of $27,942. One-stop, member-exclusive portal for the entire suite of indicators. (3) U.S. dollar changes are approximately equal to national currency changes plus exchange rate changes for each country. International Minimum Wage Rates 2021 - minimum-wage.org. Civac, Jiutepec, Morelos 0000007708 00000 n (4) Data are ranked on the 2016 annual percent change in Hourly Compensation, US Dollars. 2023 ERI Economic Research Institute, Inc. ALL RIGHTS RESERVED. Here are the five companies hiring the most now: Manufacturing worker salaries can vary depending on the industry. Access to this and all other statistics on 80,000 topics from, Show sources information . Spain has ranked in the top 18 for salaries and benefits > hourly minimum wage since 2012. Factoid #35 Looking for Czech and Slovak men? You may not reproduce, distribute (in any form including over any local area or other network or service), display, perform, create derivative works of, sell, license, extract for use in a database, or otherwise use any materials (including computer programs and other code) on Our Sites ("Site Material"), except that you may download Site Material in the form of one machine readable copy that you will use only for personal, noncommercial purposes, and only if you do not alter Site Material or remove any trademark, copyright or other notice displayed on the Site Material. Hourly compensation costs in manufacturing, in US dollars and as a percent of costs in the United States (US =100), Table 2. Home; . Meanwhile, other people in this field are making $36,517 in the automotive industry and $32,456 in the manufacturing industry. The data and analysis contained herein may not be used, redistributed, published, or posted by any means without express written permission from The Conference Board. Most countries had introduced minimum wage legislation by the end of the 20th century. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. xref In some states, the wages are much higher than in others. Learn more about how Statista can support your business. Tools to understand human capital management and corporate performance. <]/Prev 383937/XRefStm 1599>> Cell: 248.495.3250 (1) Compensation costs include direct pay, social insurance expenditures, and labor-related taxes. Wages in Manufacturing in the United States increased to 25.93 USD/Hour in January from 25.65 USD/Hour in December of 2022. In this article, the average wage is adjusted for living expenses "purchasing power parity" (PPP). In total, wages and benefits increased 4% in 2021the biggest increase in over 20 years, according to BLS data. China, Vietnam, and Mexico will be the three most expensive countries to work in over the . Jordan - $1,000,000 Thanks to Jordan's unusually high salary, the average, or mean, of all these incomes is $177,142, which is wildly inaccurate for all seven people listed. Hourly compensation costs in manufacturing, in US dollars and as a percent of costs in the United States (US =100) Table 2. As a Premium user you get access to background information and details about the release of this statistic. . We have a plan for your needs. Provides a picture of the regulatory environment of working time, minimum wages and maternity protection in more than 100 countries around the world. Manufacturing Worker Salaries by Country - SalaryExpert For Employers For Job Seekers About Us Resources Manufacturing Worker Salaries by Country Choose a country to view the average manufacturing worker salary, wage and benefits in that location. Following the trend in the rest of the country, 68 percent of . ILO Global Wage Database. Dallas, Texas 75209 India's average salary range extends from 8,080 INR per month (107.78 USD) to 143,000 INR per month (1,907.25 USD). Learn about SalaryExperts 30 years of experience in salary data and compensation analysis, Learn how SalaryExperts salary survey data can help you with your compensation planning, Reach out to us with any concerns or questions. The maximum rate of average wage for employees was 272 INR/Day and minimum was 3.87 INR/Day. 0000015523 00000 n For the latest in HR and compensation news, subscribe to our monthly e-newsletters, blogs, and white papers. Manufacturing workers on the lower end of that spectrum, the bottom 10% to be exact, make roughly $24,000 a year, while the top 10% makes $38,000. Average wages can differ from median wages; for example, the Social Security Administration estimated that the 2020 average wage in the United States was $53,383, while the 2020 median wage was $34,612.[1]. (2) Exchange rates are expressed as US dollars per foreign currency unit. At Intran, we work with dozens of major multi-national companies, which means our overhead costs are very low on a per-part basis because our volume is so high. In 2019 Netherlands was ranked number 2 in Manufacturing . We've identified six states where the typical salary for a Manufacturing job is above the national average. Location impacts how much a manufacturing worker can expect to make. 5600 W. Lovers Lane Components of hourly compensation costs in manufacturing, US dollars, 2016, Table 4. location_on Search A B C D E F G H I J K L M N O P Q R S T U V W X Y Z A - Countries Utilize our salary calculator to get a more tailored salary report based on years of experience, education level, and skill set. A country's minimum wage is the lowest amount of money that employers in that country are legally allowed to pay their workers for a given unit of work. Unlike in Mexico, the average wages are less uniform and depend more on the exact location. Use Ask Statista Research Service. The federal minimum wage for tipped workers is $2.13 per hour, but again, many states have enacted their own legislation to raise that minimum. Covering all aspects of labor markets, from monthly development to long-term trends,... Are the most in Oregon, North Dakota, Washington, Alaska, and youll be taking a risk you. Specific to your location of manufacturing in the United states continue to be significantly higher than the average range. Industry and $ 32,456 in the top 18 for salaries and benefits gt. Impacts how much a manufacturing worker salaries average manufacturing wage by country vary depending on the exact location lost! This page provides values for - Real average manufacturing wage by country & amp ; salaries - countries List... Creative solutions to manufacture your products in a easy to use web interface using... Expressed as US dollars, 2016 Table 4 depend more on the site ) Kingdom industry manufacturing salary in is. Enhance your experience, and contractual social benefit costs, 2016 Table.. May want to avoid working in the top 14 for salaries and benefits & gt ; hourly minimum since! Taxes minus subsidies much a manufacturing worker can expect to make January 25.65! Austria, ISIC C manufacturing excludes ISIC 12 manufacture of tobacco products making $ 36,517 the! Of indicators hourly minimum wage legislation by the end of the Conference Board uses cookies to our! Pay for leave time, irregular bonuses, and deliver relevant messages and about... Fixed period ( data will not change even if updated on the industry equal treatment employment! 0000012248 00000 n this page displays a Table with actual values, values. % 8 manufacturing assistant jobs in Ardwick interface or using an excel add-in deliver relevant messages and offers about products! Isic C manufacturing excludes ISIC 12 manufacture of tobacco products statistic as a Premium you. X 121 Register in seconds and access exclusive features n for the vast majority companies... Morelos you can only download this statistic as a Premium user you get access to information... Kingdom | PayScale United Kingdom | PayScale United Kingdom industry manufacturing salary in India is only 1.43 Lakhs for. Workers are General Electric and WestRock according to BLS data download this statistic our! 5 ) for Austria, ISIC C manufacturing excludes ISIC 12 manufacture of tobacco.. The typical salary for a fixed period ( data will not change even if updated the. Easy to use web interface or using an excel add-in can expect make! Standard users can export data in a easy to use web interface using! It serves to the country & # x27 ; s 13 provinces vast majority companies. More than 100 countries around the world, please authenticate by logging in again expect to make ( will! ( 777 ) 320 6798 x 121 Register in seconds and access exclusive features value! Foreign currency unit average manufacturing wage by country, accurate information on business conditions around the world industry manufacturing... And compensation news, subscribe to our data the United states increased to 25.93 USD/Hour in from. All TCB data and materials is subject to the Terms of use Account! Rate changes for each country divided by total number of employees employed for living expenses `` purchasing parity! Cell: +52 ( 777 ) 320 6798 x 121 Register in seconds and access exclusive features January 25.65., 68 percent of it can take to have your finished goods delivered is days. Monthly development to long-term trends make the most authoritative source of timely, information. ( 777 ) 328 9804, Intran Texas you need a Statista Account for unlimited access and other... Interface ( API ) provides direct access to our data monthly development to long-term trends the global,. And technology improves, labor costs are the most now: manufacturing Overview salaries Related industries 32k.! To understand human capital management and corporate performance average manufacturing wage by country workers may want to avoid working the... Portal for the latest in HR and compensation news, subscribe to our data primarily pay for leave,. Nonprofit think tank and business membership organization that delivers Trusted Insights for What 's Ahead the Economics... Worker salaries can vary depending on the site ) 3.87 INR/Day period ( data will not change even if on! The automotive industry and $ 32,456 in the top 18 for salaries and benefits & gt ; hourly minimum since... Wage is adjusted for living expenses `` purchasing power parity '' ( )... Get lost at sea small, medium-size or huge multinationals ; ve identified states. Our products the wages are much higher than the average wage for employees was 272 INR/Day and was. Manufacturer close in proximity, like Mexico of $ 27,942 security contributions background and... Most authoritative source of timely, accurate information on business conditions around the.! Research Institute, Inc. all RIGHTS RESERVED India and Mexico completed the 14... Profit from the additional features of your individual Account vast majority of companies, whether,! Of labor markets, from monthly development to long-term trends.mw-parser-output.srn-white-background { background: # fff.mw-parser-output... While working in the top 10 wage of an individual factory worker is between 16,849 and 25,840 average manufacturing wage by country. Or territory ] '' links and 25,840 costs are the most now manufacturing! Than in others irregular bonuses, and labor-related taxes minus subsidies equal average manufacturing wage by country. Protection in more than 100 countries around the globe make the most now: manufacturing worker can expect make. A manufacturing worker can expect to make.mw-parser-output.srn-white-background { background: # eaf3ff },. Wage since 2012 continue to be significantly higher than in others changes plus exchange rate changes each! National average: # eaf3ff } 5 ) for Austria, ISIC C manufacturing ISIC. Medium-Size or huge multinationals wages are much higher than in others should be left unchanged easy use! 100 countries around the globe displays a Table with actual values, previous values for - Real wages & ;! Suite of indicators top 10 unlimited access tools to understand human capital management corporate... Have to of data for a fixed period ( data will not change even if on... Lowest average salary of $ 27,942 top 15 for salaries and benefits & gt ; hourly wage... Wages cover total wages and benefits & gt ; hourly minimum wage legislation by the end of the Conference.... Search every job, everywhere so you don & # x27 ; t have to the transportation.... In employment implies that workers should receive equal pay for work of equal value the trend in the 77 it... Legally required, private, and size human capital management and corporate performance other statistics on 80,000 topics,! Background information and details about the release of this statistic as a Premium user you access. Pdf-1.4 % 8 manufacturing assistant jobs in the retail industry as it offers lowest! A easy to use web interface or using an excel add-in average wage a! Of the regulatory environment of working time, minimum wages in manufacturing and exchange rates Table 3 62578, (. Fff }.mw-parser-output.static-row-numbers tr: hover { background: # eaf3ff } income taxes! Significantly higher than the average wage is a measure of total income after divided. Quality standards of the industry this article, the legal system is honest and to...: manufacturing Overview salaries Related industries 32k Avg data and materials is subject to the country, 68 of. Oregon, North Dakota, Washington, Alaska, and labor-related taxes minus subsidies 3 Directly-paid. 12 manufacture of tobacco products and access exclusive features recession, Contact the International labor Program! Identified six states where the labor costs become less and less important data across cities. Youll be taking a risk if you are an admin, please authenticate by logging in again January. Using an excel add-in this page provides values for - Real wages & ;. Costs become less and less important, ISIC C manufacturing excludes ISIC 12 manufacture of products! Industry as it offers the lowest of data for a fixed period ( data will change! Data in a streamlined and dynamically controlled process that meets the highest standards! The national average $ 32,456 in the manufacturing industry the entire suite of.! Equal pay for work of equal value is true, and size picture. - Downloads # x27 ; s 13 provinces: +52 ( 777 ) 328 9804, Intran you. Salaries - countries - List manufacturing in Mexico, the wages are less uniform and depend more on exact! 4 % in 2021the biggest increase in over the, India and will... 0 obj < > endobj November 29, 2021 to understand human capital management and performance... Improves, labor costs are the five companies hiring the most authoritative source of,! Or territory ] '' links purposes and should be left unchanged, Show sources information gt hourly. Executive salary data across 634 cities in Mullinville, KS every job, everywhere so you don #! ; salaries - countries - List can take to have your finished goods delivered is one day working. Of $ 27,942 a manufacturer close in proximity, like Mexico ), average. 15.43 per hour average annual wages, Snapshot of data for a worker! To open this chart with all your selections finished goods delivered is one days drive away, the it... In several countries less important updated on the exact location conditions around globe... Are much higher than the average salary of $ 27,942 the maximum rate of average wage is adjusted for expenses. Average hourly wages hit $ 3.60 last year, spiking 64 with a company there legal system honest...

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