**Baja California Among Top Six States with Job Losses in July**
In July 2024, Baja California recorded a 1.1% annual decrease in formal jobs registered with the Mexican Institute of Social Security (IMSS), ranking it among the six Mexican states that experienced negative employment figures. The states leading in job losses were:
– Tabasco: -10.8%
– Zacatecas: -1.9%
– Baja California: -1.1%
– Chihuahua: -0.8%
– Durango: -0.2%
– Baja California Sur: -0.1%
Conversely, Chiapas saw the highest growth in job creation, with a 6.4% annual increase. During the seventh month of the year, Mexico saw the creation of 36,131 jobs but also the loss of 23,787 jobs, resulting in a net monthly increase of 12,344 positions (0.1%) compared to June 2024.
The total number of workers rose to 22,331,788, with 86.6% of these positions being permanent jobs, and the rest classified as temporary. When compared to July 2023, there was a generation of 446,649 jobs, marking a 2.0% annual increase.
By sector, transport and communications registered the highest job growth in July 2024 at 5.6%, followed by:
– Commerce: 3.2%
– Construction: 3.0%
– Business services: 2.4%
– Social and communal services: 2.3%
– Electrical industry: 2.0%
– Transformation: 0.3%
– Extractive sector: 0.2%
However, the agricultural sector reported a decline of -3.3%.
Mónica Flores, President of ManpowerGroup LATAM, remarked that the second half of the year began with positive figures, indicating a recovery in job numbers after two months of decline. “Although the figure is not large, it still represents positive job creation without mass layoffs, though it has not yet met the labor market’s demand,” she noted.
Nevertheless, job creation has been slower compared to the previous year. By this time in 2023, 500,000 new jobs had been created, whereas in 2024, only 300,000 positions have been added. Flores emphasized that most job losses were temporary roles. Since March, the temporary job sector has seen a loss of 119,000 positions.
Flores predicted that between 250,000 and 300,000 formal jobs would be created in the third quarter of the year. During this period, 45% of employers plan to expand their workforce, with the energy and communication services sectors most likely to increase hiring.
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**Secondary Article: Employment Trends Across Mexico in 2024**
In a broader look at employment trends in Mexico throughout 2024, several states have showcased significant growth, alongside those experiencing declines.
Chiapas continues to lead in job creation with a 6.4% increase, driven mainly by agricultural and manufacturing sectors. The state government’s efforts to boost local industries have played a crucial role in this growth.
States like Jalisco and Querétaro are also showing robust job creation, largely due to their expanding technology and automotive industries. These states have benefitted from increased foreign direct investment and government initiatives aimed at promoting economic development.
On the other hand, traditional mining states such as Zacatecas and Durango are struggling, reflecting broader challenges in the extractive sector. Environmental regulations and global market conditions have impacted job stability in these areas.
In the tourism sector, Quintana Roo and Baja California Sur have faced ups and downs, influenced by fluctuating tourist numbers and seasonal variations in employment. Efforts to diversify their economies beyond tourism are underway, aiming to create more resilient job markets.
Nationally, Mexico’s labor market is showing signs of recovery, but challenges remain. The government is focusing on initiatives to improve workforce skills and increase investment in high-growth sectors. Analysts suggest that these measures will be crucial to sustaining long-term employment growth and ensuring that economic development benefits a broader segment of the population.