News

CDMX lost 150,000 jobs in the first four months of 2020

Claudia Sheinbaum reported that the country's capital registered 150 thousand job losses (Photo: Twitter @ GobCDMX)
Claudia Sheinbaum reported that the country's capital registered 150 thousand job losses (Photo: Twitter @ GobCDMX)

From January to April, Mexico City registered a fall of 150,000 jobs, as reported by the head of the capital's government, Claudia Sheinbaum Pardo.

"The reduction estimate in the employment estimate, from January to April, was around 150 thousand jobs, probably a little higher in May and the objective is to work on the economic reactivation of the city ”, commented the head of government.

As of December 31, 2019, Cd. Mx. registered 59,207 new jobs, but in the first four months of 2020, more than double the amount generated in the previous year has been lost according to figures from the Mexican Social Security Institute (IMSS).

It should also be noted that the country's capital generated 20,202 insured places in the IMSS during the first four months of 2019, that is the losses for the same period in 2020 represent a drop of 129,798 jobs compared to those created between January and April last year, according to data from the Ministry of Labor and Social Security.

The jobs lost between January and April 2020 are 2.5 times more than those generated in all of 2019 for the capital (Photo: @GobCDMX)
The jobs lost between January and April 2020 are 2.5 times more than those generated in all of 2019 for the capital (Photo: @GobCDMX)

In a virtual press conference, Sheinbaum Pardo estimated that the first four-month period of 2020 registered this drop in job positions, mainly due to the impact of the pandemic, as this health emergency forced the closure of certain activities, which paralyzed the local and international economy.

The head of the capital's executive estimated that part of those lost jobs would have to be recovered as soon as the economic revival scheduled for June 1 begins., when you restart, for example, the construction sector, both public and private.

“There are some activities such as construction, for example, which begins on June 1 and that will allow us to recover part of the jobs that were lost. It is estimated that under construction there are around 40 thousand, 45 thousand (job positions) that had been lost, so the start of private construction and the strengthening of public construction is what will allow us to recover these lost jobsClaudia Sheinbaum said.

READ  The Witcher: Is Netflix Bringing Second 'Game Of Thrones', Internet Trailer
Sheinbaum is confident that 40,000 of the lost jobs will be recovered with the revival of the construction industry. REUTERS / Daniel Becerril.
Sheinbaum is confident that 40,000 of the lost jobs will be recovered with the revival of the construction industry. REUTERS / Daniel Becerril.

In addition to that sector, Mexico City could overcome job loss with other activities that are added to the gradual reopening. As long as you do not forget that, currently, the traffic light of the pandemic is red and the new normal provisions must be respected.

"We are convinced that we can enter a process of gradual recovery, as long as we also maintain the red traffic light that is fundamental, that is everyone's responsibility, and from the gradual start of activities, then to maintain all the actions of healthy distance and control in the activity and in the public space ”, added the head of government of the Cd. Mx.

Just yesterday the president Andrés Manuel López Obrador had communicated that Mexico would have a loss of 1,000,000 jobs due to the COVID-19 crisis. "So well we were going"Regretted the president in a video published on his social networks.

"We brought before the coronavirus 20 million 500 thousand workers; 550 thousand jobs were lost in AprilThat is, we are left with about 20 million workers, a little less. I have the data until May 23, what is observed already in May? that there is no longer so much job loss, We estimate that if 550,000 jobs were lost in April, by May there will be around 400,000"reported AMLO.

AMLO estimated a loss of 1 million jobs in Mexico due to the health emergency
AMLO estimated a loss of 1 million jobs in Mexico due to the health emergency
READ  Shakira listens to her fans and confirms new musical project

Last April 9, Luisa María Mayor, Secretary of Labor, had reported that, From March 13 to April 6, the country registered a loss of 346,878 jobs.

Mexico City had recorded a decrease of 55,591 jobs, that is, a third of what it currently reports, but on that occasion, in just over a month of health contingency.

May 13 was when the IMSS reported that they were 685,840 formal jobs that disappeared between March and April in Mexico, which is equivalent to 11,243 jobs a day or 7.8 spaces per minute. Of these, 555,247 were registered only last month.

Unemployment has seriously affected the country exacerbated by the pandemic (Photo: Cuartoscuro)
Unemployment has seriously affected the country exacerbated by the pandemic (Photo: Cuartoscuro)

Sheinbaum detailed in the conference on Monday that the government of Cd. Mx. It will reduce its current spending by 50% without this implying layoffs, public services or damages to base workers. With this they would reduce 20 billion pesos during 2020 to solve the economic situation derived from the pandemic.

"The cuts will be in chapter 2,000 and 3,000, related to the operation of administrative offices," said the head of government.

Currently, the capital entity is the red focus of the pandemic infection with 19,682 accumulated confirmed cases; 3,819, active cases; 5,213, suspects and 1,963 deaths, according to the noon cut of this Monday, May 25.

MORE ABOUT THIS TOPIC:

IMSS made official that 555,247 jobs were lost in Mexico during April

Between March and April 11,243 jobs per day were lost in Mexico

Because of COVID-19, Mexico will lose more jobs than in any other recession: analysts

Advertisement

About the author

Avatar

Sam Conley

Sam Conley is new to online journalism but she is keen to learn. She is an MBA from a reputed university. She brings together relevant news pieces from various industries. She loves to share quick news updates. She is always in search of interesting news so that she can share them as well to Sunriseread's readers who could enjoy them with their morning coffee.

Add Comment

Click here to post a comment

Quick Contact!

To get in touch with Sunriseread or to tell us about a Story or Press Release, just send an email to lindahopkins128 @ gmail.com
. And, we will get back to you shortly.