translated from Spanish: Despite federal inertia, Michoacán has generated 84,000 new jobs

Naomi Carmona
Morelia, Michoacán.- Nearly 84,000 jobs were created during the last four years in Michoacán, as reported by the Secretary of Economic Development (Sedeco), Jesús Melgoza Velázquez.
In a media encounter, it was reported that of the above figure, 67 per cent are casual and 33 per cent formal jobs, while in the current year 10,150 new formal jobs were generated, which amounted to 2.24 per cent , this according to data from the Mexican Social Security Institute.
In October alone, the entity ranked seventh best nationally in job creation, while when compared to other state administrations, the best years were 2016, 2017, and 2018.
To say, the owner of the Sedeco, Michoacán compared other states continues to generate work, because in other regions, according to INEGI data, no jobs were generated or lost.
Despite the numbers, Melgoza Velázquez accepted that it has been more complicated this year to generate employment; as of March there was a downward trend that reversed in July, the result of the inertia of federal behavior.

«During the first eleven months of this federal administration, the employment generated at the national level is one of the lowest of the last administrations.»

Finally, the state official acknowledged that most of the job creation is through micro, small and medium-sized enterprises.

Original source in Spanish

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