February Sees Best Job Growth in 5 Years The News
go to original March 12, 2012

Over 130,000 formal jobs registered with the IMSS, said President Felipe Calderón Sunday during a working tour in Nayarit.

In February 2012, 130,416 formal jobs were registered with the Mexico Social Security Institute (IMSS), the largest February job increase in the country in five years, said President Felipe Calderón Sunday during a working tour in Nayarit. Employees who went on leave, were fired, or quit were subtracted from the total.

The president said that the number implied the largest job growth in a one-month period over the last five years, despite the fact that February had only 29 days.

During the first months of 2012, he said, 181,000 new jobs were registered.

On an inspection tour of the “La Yesca” hydroelectric plant on Sunday, Calderón said that the job growth is a sign of economic recovery in Mexico, and, more importantly, the opening of formal employment to the Mexican people.

He said that 600,000 formal jobs were added last year, “and now in two months we already have 181,000, which is good news.”

“So, there’s good news about job (growth), which indicates that Mexico, in spite of the enormous economic difficulties that the world is experiencing, is taking the right path towards the recovery that we all want.”

Calderón added that in Jalisco, 10,000 jobs have been added, which is a very strong number for the state and its people.

In his speech, the president also mentioned recent successes in the fight against organized crime in Jalisco.

Secretary of Energy Jordy Herrera, President of the Federal Electricity Commission (CFE) Antonio Vivanco Casamadrid, Jalisco Governor Emilio González Márquez and Nayarit Governor Roberto Sandoval Castañeda attended the event.

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