Sunday, December 14, 2014

Formal Jobs up 33%

The Mexican Social Security Institute (IMSS) reported that during the period from January 2014 through November 2014 a total of 950,016 formal jobs were created in México, up 33 percent from the previous 12 month period.
The IMSS report said the increase during the first 11 months of 2014 was the second highest growth reported during the same period since records have been kept.
The report also pointed out that in November of this year alone 122,850 formal jobs were added, which is the second largest monthly growth in formal jobs in the last 10 years.
According to the IMSS, 85.3 percent of these jobs are permanent and 14.7 percent are temporary. The agency said this ratio has remained fairly constant.
The greatest job growth was seen in the states Guanajuato, Baja California, Quintana Roo, Aguascalientes, Guerrero, Zacatecas, Sinaloa, Nayarit, Chihuahua, Coahuila and the Federal District.
The fewest number of new jobs was reported by the state of Baja California Sur, which was down 1.3% due to hurricane Odil. Baja California Sur was followed by the states of Veracruz, Campeche, Chiapas, Sonora, Tabasco, and México.
(from Milenio)

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