Economy Country May 06, 2025

Significant Formal Job Losses in Mexico

In April 2025, Mexico saw a loss of over 47,000 formal jobs due to seasonal factors, according to the IMSS. Despite this, there are still over 22 million jobs with social security across the country.


Significant Formal Job Losses in Mexico

In April 2025, during the celebration of Holy Week, Mexico suffered a loss of more than 47 thousand formal jobs, according to the Mexican Institute of Social Security (IMSS). This monthly decrease represented a negative rate of 0.2%, attributed to the seasonal cut of working days due to the so-called Holy Week.

Although the figures show a reduction in formal employment, the IMSS reported that there are still 22 million 417 thousand 668 formal jobs registered at the end of April. Of these, 87% are permanent jobs, while the remaining 13% corresponds to temporary positions.

During the first four months of the year, 179 thousand 289 new jobs were created; however, in the last 12 months, the growth of the labor market was only 43 thousand 466 positions, a marginal increase of 0.2%. This indicates that job creation in the last year only covers 3.62% of the annual demand for employment in Mexico estimated at 1.2 million positions by the OECD.

Despite the loss of formal jobs, the average salary of employees affiliated with the IMSS reached a historical maximum in April, reaching 621.9 pesos daily or 18 thousand 657 pesos monthly. On the other hand, there was a decline of 2.5% in the number of employers, which implies the disappearance or migration to informality of 24 thousand 108 companies or small businesses in the last year.

Regarding job creation at the state level, the IMSS indicated that the State of Mexico, Colima, and Hidalgo had the highest growth rates, while Tabasco, Campeche, and Zacatecas were the states with the highest job losses in the same period.