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    Formal Employment Analysis, April 2020

    Imagen

    May 29, 2020

    Main findings as of April 2020

    - As of April 2020, the number of jobs at the national level shows a sharp drop, as a result of the measures taken due to the COVID-19 pandemic. COVID-19 pandemic. During March, more than 555,000 jobs were lost, bringing the cumulative total for the first four months of the year to -493,000 jobs lost in 2020. months of the year of -493 thousand jobs lost in 2020.

    - The main job losses in the month of April corresponded to permanent positions with 65.9% of total employment lost. On the manufacturing side, permanent positions accounted for 80% of the total jobs lost in April 2020. lost in April 2020. In turn, declines by employer size were mostly in MSMEs accounting for 55.1% of total job losses. 55.1% of the job reductions.

    - Among the Mexican states, the main drops in March were concentrated in Mexico City (-105,804), Nuevo Leon (-53,058), Quintana Roo (-44,984), Jalisco (-38,145) and Edomex (-36,974). 53,058), Quintana Roo (-44,984), Jalisco (-38,145) and Edomex (-36,974). By sector of activity, during April 2020, the drop was concentrated in the construction sector (-5,880). construction sector with a drop of around 197,000 jobs and services with a drop of 170,000 jobs. jobs.

    - In the case of Nuevo Leon, in April 2020 there was a drop of 53,058 jobs, registering an accumulated drop of 35,710 jobs. 35,710 jobs. By sectors, the same national dynamic was followed, as the main affected sectors were construction (-23,237), services (-13,887) and manufacturing (-9,528). On the other hand, declines in employment were divided between SMEs and large companies, with 56,061TP3 (56,061TP3). and large companies with 56,06% and 43,84% respectively.

    - Job losses in Mexico and Nuevo Leon were concentrated in the lower salary ranges, according to IMSS figures.

    - Both nationally and in Nuevo Leon, the number of employers decreased in April 2020, mainly in SMEs.

    NEW LEON APRIL 2020