CONTACT US

CONTACT US







    Check our Notice of Privacy to learn more about the protection of your data.

    < Back to Highlights

    CAINTRA warns of job losses during April

    Imagen

    May 12, 2020

    The most recent employment data published by the IMSS show the effects of the suspension of non-core activities, with a significant drop in jobs at the suspension of non-core activities, through a significant drop in jobs at the national and state level during April. national and state level during April. The information published by the Institute reveals that during the month of April more than half a million formal jobs were lost nationwide (555 thousand jobs), of which, about one-fifth (99 thousand jobs) were manufacturing jobs that had to be laid off. vacated.

    These declines in employment are unprecedented in IMSS records, making them historic setbacks. historical setbacks. For example, during the 2009 crisis, the largest drop in employment in a single month was in May 2009, when around 111,000 jobs were lost. May 2009, when around 111,000 jobs were lost. The figure reported in April 2020 is the usual drop that occurs every December due to seasonal effects, which is around 300,000 jobs. jobs.

    Nuevo León is also affected by this dynamic of suspension of non-essential activities. In April alone In April alone, the formal private sector in Nuevo León reduced its workforce by more than 53,000 jobs during the month, a historic drop based on IMSS records. This is also a historic drop based on IMSS records. By way of comparison, from January to May 2009, during the last crisis, 39,395 jobs were lost in Nuevo León, a lower figure than this past month. month.

    With respect to the state's manufacturing sector, the sector had remained loss-free until March, however, However, in April employment in this sector fell by 9,528 jobs, eliminating the jobs that had been generated throughout the year. jobs that had been generated throughout the year.

    If the situation continues in May, job losses could worsen. These figures are evidence of the urgency of the urgency of a clear economic reactivation project in Mexico and Nuevo Leon, integrating all the necessary sanitary measures. necessary sanitary measures.

    CAINTRA Nuevo León