Labor Secretary Navarrete Reports 714,000 New Jobs in Mexico Registered in 2014 The News
go to original March 15, 2015

Labor and Social Welfare Secretary Alfonso Navarrete Prida said the Labor Reform has helped 600,000 workers in the country. (Cuartoscuro/Diego Simon Sanchez)

The growth of employment, modernization of labor laws and employees’ right to decent work are the principle gains of Mexico’s labor reforms, Labor and Social Welfare Secretary Alfonso Navarrete Prida said during a speech last week.

Employment grew 2.9 percent in 2014, which was double the economic growth rate, he said.

Additionally, 714,000 jobs that provided benefits for employees were registered in the same year with the Mexican Social Security Institute (IMSS).

The informality rate declined from 60.3 percent in January 2013 to 57.5 percent in January 2015, according to data from National Statistics, Geography, and Information Institute (INEGI).

These changes have benefited 600,000 workers, Navarrete said.

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