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

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