Employment generation by manufacturing companies slows down
Mexico- According to data on manufacturing industry from INEGI, the Mexican Statistics Agency, employment generation by this sector slowed down last February, but annual figures keep a positive trend.
Last February, personnel employed by the manufacturing sector posted 0.47% increase over the previous month in season adjusted figures; the figure is lower than the 0.89% increase achieved the previous month, INEGI data show. In addition, during such term actual mean compensation paid dropped 0.49%.
Annual figures show the slowest dynamism in jobs generation by the manufacturing sector, since occupied personnel rate posted 1.9% year-to-year growth in February, while in even month last year the growth was 4.9%.
Source: Reforma | Date: 30/04/2012