President of Mexico says September was historic in job creation

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Mexico City, Oct 1 (EFE) .- The president of Mexico, Andrés Manuel López Obrador, congratulated himself this Friday on the data presented by the Mexican Institute of Social Security (IMSS) in terms of job recovery in September, an achievement that considered “historical”.

“I share the following information sent to me by Zoé Robledo, general director of the IMSS, on the recovery of employment (…) He informs me that we had the best month of September in job creation in the history of the IMSS,” said López Obrador in a message on Twitter

The president said that, according to the data, the head of the IMSS “foresees that in October we will recover the level prior to the pandemic; we only lack 18,617 jobs.”

In February 2020, before the arrival of covid-19 in the country, Mexico had 20.6 million registered jobs.

“This is the fastest recovery compared to the three recent economic crises: 1982, 1994-1995 and 2008-2009,” said López Obrador, who also highlighted that a new all-time record in remittances was registered.

“The nationals sent 4.743 million dollars in the month of August,” he pointed out.

On September 10, the IMSS reported that the Mexican economy recovered 128,900 formal jobs in August, a monthly advance of 0.6% and an annual growth of 4.2% compared to the same month of 2020.

That day, he pointed out that the figure was “the highest monthly increase of the year” and represented an upward trend when compared to the 116,543 jobs created in July, 65,936 jobs created in June, 38,961 in May, 44,774 in April, 88,771 in March, 115,287 in February and 47,919 in January.

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Due to the pandemic, Mexico lost about 1.2 million formal jobs between March 13 and July 2020. It later recovered more than 555,000, from August to November, but lost around 280,000 again in December.

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