Mexican Businessmen Realize Labor Reform Does Not Stimulate Employment Juan Carlos Cruz Vargas - La Jornada
go to original July 24, 2013

The Confederation of Employers of the Mexican Republic (COPARMEX) recognized that the labor reform that was approved at the end of last year does not stimulate the creation of formal employment in the country.

Participating in the presentation of the Program for the Formalization of Employment 2013, the president of the employers’ organization, Juan Pablo Castañón, said: “Last November, we managed to pass a new Federal Labor Law, which was an achievement as the different parts of the manufacturing sector demonstrated their ability to generate agreements. However, it must be recognized that the costs attributed to the generation of formal employment were not touched on in the reform and remain high.”

At the National Palace, the leader of COPARMEX continued his speech in the presence of President Enrique Peña Nieto, members of the National Conference of Governors (CONAGO), as well as various businessmen. He assured that the costs are “so high that they make it difficult for micro and small enterprises to create formal employment, generating a repetitive circle that does not suit us as a country.”

According to Juan Pablo Castañón, the high levels of informality (six of every 10 Mexicans work under such conditions) mainly threaten workers’ dignity.

Read the rest at Mexico Voices

Translated by Stuart Taylor

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