Weekly Report - 19 October 2017 (WR-17-41)

MEXICO | Record formal job creation. On 16 October Mexico’s social security institute (IMSS) reported that 136,000 new formal jobs were created in the country in September. This is 28.3% higher than the average formal job creation rate observed in the country for the past decade (106,009 jobs), and it brings the accumulated number of formal jobs created this year to 812,292. It is the highest ever job creation figure reported for the first nine months of a year.