Mexico creates 714,526 jobs in 2014, the biggest increase in 4 years

Job growth of 4.3 percent in 2014 exceeded analysts expectations.
Job growth of 4.3 percent in 2014 exceeded analysts expectations.

Sentido Comun

Mexico’s private sector generated 714,526 new jobs last year, a figure 54.3 percent higher than the number of new jobs created in 2013 and the highest in the past four years.

The last time that the private sector created more jobs in one year was in 2010 when it created 732.379 new jobs.

The total increase reflects the good year that Mexico had over 2014, although in December, 235.490 employees were laid off.

As of December, the private sector had 17.2 million employees, or 4.3 percent more than in December 2013.

Of the total workers, 85.7 percent participated in permanent economic activities, and 14.3 percent temporary, according to figures released by the Mexican Social Security Institute.

http://www.sentidocomun.com.mx/articulo.phtml?id=16626

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