Mexico | 14 thousand formal jobs are lost from May to June 2019

Summary

According to the IMSS data from May to June, 20,368,666 formal jobs were registered, that is, 14.2 thousand less jobs compared to the previous month, this job loss is mainly due to the reduction of more than 57 thousand temporary jobs.

Key points

• Key points:
• The monthly growth of employment at an annualized rate was 2.38%, which is a growth similar to the previous month, which was 2.39%, which continues to show decreases in the job generation
• According to the IMSS figures, the base wage reached 376.6 pesos per day, representing an annual growth in real terms of 2.5%

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