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In the six-year period, 22.3 million people obtained employment: Economy- Millennium Group

In the six-year period, 22.3 million people obtained employment: Economy- Millennium Group

The Ministry of Economy reported that in July of this year, the fourth largest increase since records began in the number of formal jobs in Mexico was reported, with an addition of 22.3 million affiliated people to the Mexican Social Security Institute.

In this way, I point out that under the administration of the president Andrés Manuel López ObradorMexico consolidated a stable economy and an expanding industrial ecosystem, creating a highly attractive scenario for foreign investment.

Likewise, he stated that the poverty reduction was 5 million people and an economically active population of 62.1 million.

Policies and strategies were established that enhanced the growth of key industries, such as agribusiness, the electrical-electronic sector, automotive and electromobility, medical devices, pharmaceutical industry and semiconductors, the agency noted.

Likewise, it was indicated that several tasks were carried out to promote industrial development, including access to resources such as energy, water, talent, logistics and telecommunications, along with tax incentives designed to attract investment and promote innovation.

He also highlighted the relevance of sustainable investments, which not only promoted the economic growthbut they ensure the creation of decent jobs, protection of natural resources and responsible business conduct.

The country’s growth focuses on equitable development: Economy

The Ministry of Economy stated that the country’s economic growth focuses on equitable development throughout the country, in addition to the fact that the unemployment and poverty as priority objectives in the social justice agenda.

The agency explained that a policy was promoted to benefit the population, since it increased the general daily minimum wage by 20 percent this year.

In the last five years, the federal government made a historic social investment in the southwest of the country, since 745.8 million pesos in social programs that will benefit to 27.9 million people.

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