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Published on Wednesday, February 19, 2020 | Updated on Friday, February 21, 2020

Mexico | Job creation pace slowed further in Jan 2020

Summary

The pace of job creation slowed further in January with an annual rate of 1.6%. Only 69K formal jobs were created in the private sector in January. The real wage continues with a good performance and grows 3.1% YoY.

Key points

  • Key points:
  • Construction sector with 12 months of negative growth in employment rates
  • Durango with negative employment growth rates since April 2019

Geographies

Authors

David Cervantes Arenillas BBVA Research - Senior Economist

Documents and files


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Report (PDF)

200219_Mexico_EmpleoFormal.pdf

Spanish - February 19, 2020

Report (PDF)

200219_Mexico_FormalEmployment.pdf

English - February 19, 2020

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