EconomyFinancialMexico registers 57.5 million people with employment in September

Mexico registers 57.5 million people with employment in September

The National Survey of Occupation and Employment (ENOE) new edition, revealed that in September the employed population in Mexico was 57.5 million people, of the 59.5 million that make up the economically active population (PEA), with an unemployment rate of 3.3 %.

The 57.5 million employed people represent 2.4 million more than in the same month of 2021, according to information published this Thursday by the Inegi.

Of the total number of employed people, details the National Institute of Statistics and Geography, 38.8 million worked as paid workers, an annual increase of 760,000 people; 13.5 million worked independently or on their own, without hiring employees, which represented an increase of 1.1 million.

Three million more people were patrons or employers. Lastly, 2.3 million people were employed in businesses or on family plots.

The sector with the highest increase in its employed population, compared to September of last year, was that of restaurants and lodging services, with 614 thousand people, followed by commerce and miscellaneous services with an increase of 515 thousand people, each.

During September, there were 32 million people who work informally, which represents 55.6% of the employed population, a lower percentage of 0.6% compared to September of last year.

Regarding the unemployment rate -people who did not work, but expressed willingness to do so and looked for work-, there was a decrease of 423,000 people, for a total of 2 million people.

LAST MINUTE: Economic activity in Mexico reaches its best level since September 2019

The IGAE grew for the second consecutive month, driven by an increase in primary and tertiary activities, although with a stagnation in those of the secondary sector.

These are the 10 best-selling car brands in Mexico… And they are no longer...

New names already appear on the list, such as MG, Hyundai and Suzuki; while others, like Ford and Honda, have dropped from the top spots. General Motors is already hot on Nissan's heels.

Industrial activity stagnates after five months with growth

The only sector that showed growth in August was mining, while manufacturing and construction fell in their monthly comparison.

Companies suffered 2.9 million crimes in 2021; only 11.4% were reported

The low credibility of the authorities and their actions against crime led many to give up and present their complaint to the authority; very few cases end in favor of the aggrieved.

Investment in Mexico fell 1.4% at a monthly rate during July, Inegi

The indicator is still far from its historical maximum, reached in July 2018, and is also below pre-pandemic levels.

More