The Government of Mexico has announced the organization of 400 job fairs with more than 100,000 vacancies this year as part of its actions to counteract the economic uncertainty generated by the protectionism of the United States. This measure is part of the Mexico Plan presented by President Claudia Sheinbaum in response to the tariffs imposed by U.S. President Donald Trump.
The Secretary of Labor, Marath Bolaños, mentioned that the largest recruitment fair will take place on June 9 during the National Employment Fair. There will be an increase and strengthening of efforts around national job fairs as committed in the Mexico Plan. In addition, an investment of 24.205 billion pesos was announced for the program Youth Building the Future, created by former president Andrés Manuel López Obrador.
The goal for this year is to incorporate 450,000 new young people into the program, thus adding to the more than 3.1 million beneficiaries, of which seven out of ten manage to secure a permanent job. These actions are part of Sheinbaum's Mexico Plan strategy, which aims to position the Mexican economy in the global top 10 and attract private investments despite the tariffs imposed by the United States, the main destination for 83% of Mexican exports.
Despite the commercial uncertainty generated by the northern neighbor, both the International Monetary Fund and the World Bank have projected an economic contraction for Mexico this year. However, the Secretary of Labor highlighted that the country is experiencing a favorable labor situation, with 22.46 million formal jobs registered and a historically low unemployment rate of 2.5%.
In the Secretary's words, Mexico is experiencing "a spring of labor rights," reflected in the positive indicators of formal employment. This situation occurs within a broad historical framework of labor rights in the country, reinforcing the importance of continuing to promote initiatives such as job fairs and the Youth Building the Future program for the benefit of the working population.
