17 Million Mexicans Without Enough Job Options: Coparmex Data

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Mexico.- As a result of the pandemic and the lack of government support for companies to overcome the effects caused by the health and economic emergency, 17 million Mexicans do not have enough job opportunities, the Employers' Confederation of the Mexican Republic announced ( Coparmex) in the relaunch of the #DataCoparmex 2.0 platform.

At a press conference, the national president of the employers' union, José Medina Mora Icaza, revealed that after 12 months of work #DataCoparmex 2.0 incorporated three new indicators: #JóvenesEnFormalidad, #Labor Gap and #Regulatory Expenditure in order to improve the measurement made by the employers of the labor and business pulse of the country.

He affirmed that this addition helps the platform to fulfill the objective of informing about the perception that Coparmex entrepreneurs present in 102 cities in the country have about the situation of each state of the republic in matters of great public and economic relevance that traditionally they had not been approached from a local perspective.

Regarding the new indicators, José Medina Mora Icaza explained that #JóvenesEnFormalidad, which measures the access of this sector of the population to formal work with social security and better working conditions, found that formality is less common among young people.

"While 43.7 percent of the total employed population is in the formal sector, among young people in work this figure only reaches 39.7 percent," he mentioned.

Regarding #BrechaLaboral, he explained that it analyzes whether the labor market offers sufficient job opportunities for Mexicans and contemplates a broader measure of unemployment that considers the unemployed, underemployed and discouraged people.

‚Äú#Labor Gap allowed us to know that, as a result of the pandemic, as of the third quarter of 2021, there are 17.4 million people (five million more than the 12.4 in the third quarter of 2019), who can and want to work, but cannot they find enough job options,‚ÄĚ he said.

As for #Regulatory Expenditure, which is constructed from the results of the survey among Coparmex partners and which measures the problems faced by companies in carrying out procedures, it was found that almost 1 out of every 2 businessmen affiliated with Coparmex have experienced some problem when carrying out procedures in the last year "the main problems have been: excessive requirements and lack of clarity".

He explained that among the most important findings is that entrepreneurs show more #AnimoParaInversión (53.8 percent compared to 37.1 percent compared to the previous year) although they consider that economic and political uncertainty are the main obstacles for their business to grow.

"For their part, companies are facing a context of greater insecurity, with theft of merchandise in transit, vehicle theft and extortion being the most common crimes they face," he added.

José Medina Mora Icaza thanked the 68 Business Centers of the country, delegations and representations for their collaboration in the integration of #DataCoparmex 2.0, which he assured is an important tool to provide specific solutions to the challenges of the different regions of the country and trigger the development of are.

For his part, Gerardo Trejo, Secretary General of Coparmex, shared the results of the Business Environment axis, which integrates the indicators #AnimoparaInversión, #MXSinCorrupción, #MasSeguridad and #RegulatoryExpenditure.

In this axis, it was highlighted that 53.8 percent of the partners consider that compared to the previous year, now is a good time to make investments. In addition, a reduction of three percentage points was revealed in the number of partners who have experienced an act of corruption in the last year, a figure that went from 32.4 percent in 2021 to 29.4 percent in the same period in 2021.

Valentina López Hernández, CEO Agenda 2030, detailed the results of the Labor Market and Inclusion axis, which includes the indicators #JovenesEnFormalidad #RechaLaboral and #MejoresEmpleos, in which she underlined that according to #DataCoparmex 2.0, 61 percent of formal workers have enough income to cover the family welfare line.

To conclude, Lorena Jim√©nez Salcedo, president of the Federations Committee, explained the data obtained in the Good Governance axis, which includes the indicators #MarcajeAMigobierno, #DineroF√ļfugo and #MiDeudaSinSense, where the figures obtained reveal that 36.9 percent of Coparmex members consider that during the last year his state government has fulfilled the purposes for which he was elected.

They also show that according to the results of the 2019 Public Account and the first and second delivery of the corresponding to 2020, there are 20 thousand 505 million pesos of federal resources delivered to states whose use has not been able to be clarified before the Audit. Superior of the Federation (ASF).

The 10 #DataCoparmex 2.0 indicators are made up of the sum of information obtained through internal surveys among Coparmex partners, with official data from the National Institute of Geography and Statistics (INEGI), the Ministry of Finance and Public Credit ( SHCP) and the ASF and is available for consultation on the site datacoparmex.mx

With information from COPARMEX

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