Mexico's Goal: One Million New Jobs a Year
Mexico News Daily
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July 28, 2014
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Secretary of Labor Jesús Alfonso Navarrete Prida is looking for jobs. (Tlaxcala)

Mexico’s goal: annual growth rate of 5% in order to be able to create a million new jobs every year. It’s an ambitious goal, but necessary, according to Labor Secretary Alfonso Navarrete Pride.

That level of economic activity and the higher rates of employment, says Navarrete, will permit a broader distribution of wealth and combat the drug trafficking and violence.

He was speaking during the second annual Public Policy Forum on Employment held last week in Madrid.

“The big problem for the planet is employment, dignified employment, decent employment... that creates social security and benefits.”

If Latin America has the world’s greatest income inequality, then Mexico occupies a prominent place in terms of that problem, said the Secretary of Labor.

Navarrete said if economic growth doesn’t translate into job creation, public economic policy is wrong.

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