LatinNews Daily - 06 January 2022

In brief: Mexico reports record year for formal job creation

* Mexico’s national social security institute (IMSS) has released a new report which shows that 846,416 jobs were created in the formal sector in 2021, a 4.3% increase on the previous year. This is the biggest yearly increase the IMSS has ever recorded. According to the same report, as of 31 December 2021, the IMSS had registered a total of 20.6m jobs – a decrease of 1.5% on the previous month. Despite this, the number of jobs exceeds that observed before the start of the coronavirus (Covid-19) pandemic in March 2020.