IMSS reports loss of 29,000 formal jobs in May

Kiswahili

The Mexican Social Security Institute reported a monthly drop of 29,922 formal jobs in May 2026.

The IMSS recorded 22,718,681 affiliated formal jobs as of May 31. This figure is the fifth highest on record and the highest for a May month. The 0.1 percent monthly decline was attributed mainly to seasonal factors in the agricultural sector and the cancellation of a fraudulent employer registration. Between January and May, 201,605 formal jobs were created. Over the past 12 months, formal employment grew by 346,637 positions, an annual rate of 1.5 percent. The average contribution base salary reached 671.3 pesos per day, the highest level recorded for any month.

Makala yanayohusiana

Elderly Argentine couple reviewing ANSES pension increase documents with calendar and pesos on table
Picha iliyoundwa na AI

Anses announces june 2026 payment calendar and 2.58% pension increase

Imeripotiwa na AI Picha iliyoundwa na AI

The National Social Security Administration released the June payment schedule and confirmed a 2.58% adjustment to minimum pensions, which will reach 403,317.99 pesos plus a 70,000-peso bonus.

Mexican formal workers earn more amid slower job creation

IMSS data show the average contribution salary hit a record of 663.50 pesos daily in March, up 7.1% nominally. Yet, formal job creation in the first quarter was the weakest in two decades, excluding past crises. This boosts informality and underemployment, analysts say.

Mexico's employed population grows by 422,000 in one year

Imeripotiwa na AI

The National Survey of Occupation and Employment (ENOE) reported that in March 2026, the employed population reached 60.2 million people, up 422,000 from a year earlier. The unemployment rate fell to 2.4 percent and underemployment to 6.7 percent, though labor informality held steady at 54.8 percent.

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Bienestar secretariat publishes pension payment schedule for May

Mexico's Secretariat of Welfare announced the bimonthly payment schedule for the Bienestar Pension and Mujeres Bienestar Pension, starting May 4, 2026, with surnames beginning with A. New secretary Leticia Ramírez outlined an investment of over 104 billion pesos for 32 million beneficiaries. Deposits are made directly into Bienestar Cards.

South Korea adds 234,000 jobs in February; youth unemployment hits 5-year high

Imeripotiwa na AI

South Korea added 234,000 jobs in February, marking the fastest on-year growth in five months, though youth employment slumped and construction losses persisted. Youth unemployment for ages 15-29 reached 7.7 percent, the highest for any February since 2021. The total number of employed people rose 0.8 percent to 28.41 million, per Ministry of Economy and Finance data.

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