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Mexico’s Formal Employment Hits 22.64 Million in October, Second-Highest on Record

Officials present the figures as evidence that recent policy is improving job quality.

Overview

  • IMSS counted 22,639,050 affiliated positions in October, just below the November 2024 peak.
  • October added 198,454 formal jobs, according to IMSS director Zoé Robledo.
  • Year-to-date job creation stands at roughly 400,000 positions, equal to 1.8% growth.
  • The share of permanent contracts reached a record 87.4%, signaling greater stability for workers.
  • The base contribution salary rose to 623.5 pesos per day and female affiliates topped 9,195,810, surpassing 40% of the total.