Formal employment in Mexico has best August in history

Employment during August grew by 157,432 jobs in Mexico, which meant the strongest monthly rise for the eighth month of the year, since records have been kept, reported the Mexican Institute of Social Security (IMSS).

With this, the number of people insured by the IMSS registered a new record, standing at 21,236,866 people.

They explained that the creation of employment from January to August 2022 is 616,718 positions; while in the last 12 months a generation of 816,043 jobs was recorded. This annual creation of jobs in August is the fourth highest considering comparable periods since records are kept.

The Institution explained that the economic sectors with the highest annual monthly growth in jobs are communications and transportation with an increase of 8.6 percent, construction with 5.3 percent, and commerce with 4.1 percent.

By state, Baja California Sur, Tabasco, and Quintana Roo stand out with annual increases above 10.5 percent.

IMSS specified that in August of this year 1,067,486 employers were registered with the Institute, which represents an annual growth of 2.8 percent. With this data, the monthly increase in August is 2,699 businesses.

Subscribe here to receive our newsletters, access exclusive content, read our news without ads, and much more!

Trending news of PVDN

  • Will there be a mega earthquake in Mexico and the United States in the next 48 hours? The earthquake alert states that both the UN and the Harvard Institute of Geophysics have warned that a mega earthquake will affect Mexico and the United States in “the next 48 hours”
  • There have been 1,719 aftershocks since the September 19 earthquake that shook Puerto Vallarta On September 19, a magnitude 7.7 tremor was recorded in Jalisco at 1:05 p.m. with an epicenter in Coalcomán, Michoacán. From that day and until 6:00 p.m. on September 23, 1,719 aftershocks have occurred, the one that occurred on Thursday was the strongest with a magnitude of 6.9, and woke up the people of Puerto…
  • Another earthquake shakes Puerto Vallarta, second quake this week An earthquake with a magnitude of 6.9 struck Coalcoman, Michoacán at 1:16 AM and was felt in Puerto Vallarta. The first reports indicate that the telluric movement was intensely perceived throughout the state of Michoacán, Jalisco, and Morelos. The Government of Jalisco published on social networks that “after tonight’s earthquake, no damage or injured people…
  • San Pancho and Lo de Marcos, two treasures of the Riviera Nayarit Two of the quietest towns, with the most beautiful beaches of the Riviera Nayarit and perfect for finding yourself, are San Pancho and Lo de Marcos. San Pancho San Francisco, better known as San Pancho, is located 44.8 km north of Puerto Vallarta and 23 minutes from Sayulita on federal highway 200 on the Central…
  • EXPLAINER: Mexican army’s role in students’ disappearance MEXICO CITY (AP) — The Mexican army’s role in the disappearance of 43 college students, its participation in covering up the facts and its alleged links to organized crime are now at the center of a case that has shaken the nation. The government’s Truth Commission declared the incident a “state crime” in August. Three…

Puerto Vallarta News

Compare Listings

Title Price Status Type Area Purpose Bedrooms Bathrooms