The Mexican economy has created 651 thousand 490 official jobs in 2023 the annual increase was 3%, although 384,882 places disappeared in December, Mexican Institute of Social Security (IMSS).
Together with new jobs, a total of 22 million 24 thousand 286 positions were registered in IMSS, the main indicator official work in Mexico.
“This is the highest figure for December since records were recorded,” the institute said in a statement.
The positions created in one year are fewer than the more than 750 thousand created in 2022.
The public health agency acknowledged that the number of jobs lost in December was equivalent to a rate of -1.7%, but stated that “this figure is lower than the average monthly percentage change in December since records were recorded, which was -1.8%.” “
He President Andrés Manuel López Obrador explains the disappearance of jobs in December as a temporary phenomenon when companies fire their workers in order to prevent them from accumulating many years of work experience and receiving bonuses at the end of the year.
Just last November, Mexico surpassed one million official jobs created in 2023, reaching an all-time high of more than 22.4 million registered positions.
On the other hand, IMSS stated that the sectors with the highest annual growth were construction (8.1%), transport and communications (6.3%) and trade (3.9%).
Also salary the average number of workers registered with IMSS was 537.9 pesos per day (about $31.64).
“This salary represents a nominal annual increase of 10.5%, which is the second highest in the last 22 years, considering only December, and since January 2019, the base salary has maintained a nominal annual increase equal to or greater than 6%,” noted He. . institute
IMSS is the main source of formal work in Mexico, but National Institute of Statistics and Geography (Inegi) showed in its latest employment survey that almost 55% of Mexicans are employed in the informal economy.
Figures show job recovery in Mexico after COVID-19 pandemicas IMSS had 20.6 million formal workers registered in February 2020, but lost nearly 1.19 million positions between March and July 2020.
They are also a reflection of Mexico’s economic behavior, which grew 3.3% annually in the third quarter of 2023 and 1.1% quarterly, accumulating annual growth of 3.4%.
(EFE)
Source: Aristegui Noticias
Roy Brown is a renowned economist and author at The Nation View. He has a deep understanding of the global economy and its intricacies. He writes about a wide range of economic topics, including monetary policy, fiscal policy, international trade, and labor markets.
