The challenge for economic and social welfare: maintaining the balance between employment and wage recovery

Strictly speaking, the recovery of formal jobs in the private sector began last July. Insured workers with an associated salary, which represent 99% of those insured by the Mexican Social Security Institute (IMSS), increased by 16,835 with respect to last month, a positive monthly variation of 0.1%. If there is no pandemic rebound, it is possible to begin to reverse the 1,111,888 jobs lost during March-June in this segment, which has fallen by 4.4% in comparison with the previous year.