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Pena Nieto Claims Record Number of Jobs Created During His Administration

Office of the Mexican Presidency
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April 17, 2017
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Mexico's Gulf Coast Town Taking Major Jobs Hit as Oil Work Dries Up (CGTN America)

Mexican President Enrique Peña Nieto said that 140,347 new jobs were created in March of this year, meaning that, “We are reaching a record figure for job creation during this administration: 2.7 million jobs,” as he inaugurated the Peñafiel Group’s Tecámac Plant.

• The number of jobs created in March is also a record figure, and the largest number of jobs created in the month of March since monthly figures began to be recorded 30 years ago.

• 378,000 new formal jobs were created between January and March of this year.

“Never in a month of March have so many jobs been created as the figures released [April 10] show. This means that the first quarter of 2017 has also seen the highest number of jobs registered since 1997, when employment began to be measured monthly.”

In four years, foreign direct investment (FDI) has reached nearly US$135 billion, also a record figure for a comparable period in any administration.

“The average FDI we had as a country was two billion dollars per year in the 1980s, and eight billion dollars annually in the 1990s. Today we have figures of close to $30 billion dollars per year, which without doubt reflects the significant increase in the confidence Mexico continues to project.”

The structural changes and reforms promoted by this administration are designed to enable Mexico to keep growing and achieve conditions of greater development.

Read the rest at MexiData.info


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