The Mexican economy generated 172,492 formal jobs in September, which added 789,210 jobs created in the first three quarters of 2022reported this Wednesday the Mexican Social Security Institute (IMSS).
Mexico creates 172,492 formal jobs in September and adds 789,210 in 2022
Mexican workers with a formal position amount to a total of 21,409,358, of which 86.6% are permanent and the rest temporary, according to data from the agency.
This creation of positions in September is the third highest since there is a record considering comparable periods, ”he said in a statement.
Likewise, this volume meant an annual rate increase of 4% compared to the 20,594,919 formal jobs registered with the IMSS in September 2021.
According to the IMSS, the increase of 172,492 jobs also represented an increase of 0.8% compared to the immediately previous month“the second highest for a September since there is a record.”
The economic sectors with the highest annual percentage growth in jobs are transport and communications with 7.5%, construction with 5% and services for companies with 4.8%”, detailed the institute.
In addition, the IMSS added that the states with the most formal jobs created were Baja California Sur, Tabasco and Quintana Roo, with annual increases above 11.5%.
Salary decreases in relation to September
On the other hand, between January and September 2022, the average daily base salary of Mexicans with a formal job fell to 480.7 pesos, from 484.3 Mexican pesos in the previous month, that is, an average monthly salary of 14,421 pesos. Mexicans.
Even so, “This salary represents a nominal annual increase of 11.3%, the highest recorded in the last 20 years considering only Septembers”stressed the social security institution.
The IMSS also highlighted that the contribution base salary maintains nominal annual records equal to or greater than 6% since January 2019.
The institution also reported a monthly decrease of 866 employers in Mexico, bringing the number of Mexican employers to 1,066,620.
Although the IMSS is the main indicator of formal work in Mexico, the National Institute of Statistics and Geography (Inegi) revealed in its latest employment survey that almost 6 out of 10 Mexicans of economically active age work in the informal sector.
The number of formal jobs in Mexico has completely exceeded the 20.6 million that Mexico reported at the beginning of the pandemic, as well as at the end of 2021, when almost 313,000 formal jobs were lost.
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