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Latinnews Daily - 12 February 2018

In brief: Mexico

* Mexico’s social security institute (IMSS) has reported that 113,722 new formal jobs were created in January, a 36.5% year-on-year increase and the highest monthly job creation figure since 2007. The IMSS noted that with the January job creation figures 19.53m people are now formally employed in Mexico after 832,261 new employees were registered with the IMSS in the last 12 months. Following the release of the latest IMSS figures, Mexico’s newly appointed labour minister, Roberto Campa Cifrián, said that the government led by President Enrique Peña Nieto is on course to reach its objective of creating 4m jobs during its current six-year term ending in December 2018, with 3.2m formal jobs created since Peña Nieto assumed office in 2012. 

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