Mexico has started getting people back to work again in August after losing 1.1 million formal jobs between March and July due to the economic fallout of the coronavirus pandemic, President Andres Manuel Lopez Obrador said on Saturday.
FILE PHOTO: A bicycle taxi driver wearing a face mask is pictured between cars as the coronavirus disease outbreak continues, in Xochimilco, Mexico City, Mexico, August 6, 2020. REUTERS/Edgard Garrido /File Photo
Citing data from Mexico’s Social Security Institute, Lopez Obrador said 1.1 million formal jobs were lost between March and July, with the nadir in April with some 555,000 losses. That slowed to 3,900 formal job losses in July, he said. The INEGI national statistics agency has said some 12 million jobs in total were lost between March and May, much of that stemming from temporary work suspensions caused by lockdown measures to prevent the spread of coronavirus.“The informal economy is also picking up. There’s more activity on the street,” said Lopez Obrador.
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