2016 sees biggest increase in jobs created in 19 years

732,591 new jobs were created in Mexico's formal sectors in 2016, up 13.7% compared to 2015.

EL UNIVERSAL/file photo
EL UNIVERSAL/file photo
English | 13-01-17 | 20:38 | Actualizada | 13-01-17 | 20:38 |

732,591 new jobs were created in Mexico's formal industries in 2016, 13.7% more than in 2015, making last year the highest year for jobs created since 1997, according to the latest figures released by Mexico's Social Security Institute (IMSS).

89% of these new jobs are permanent positions, with the remaining 11% falling into the category of temporary jobs.

The increase in jobs growth was primarily seen in the agricultural sector (6.9%), transportation and communications sector (5.5%), and professional services sector (4.8%). The biggest job creators at the state level were Quintana Roo, Baja California Sur, Tlaxcala and Queretaro. 

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