Manpower predicts biggest recruitment surge in Mexico for 20 years

By Elliot Bullman

Mónica Flores, director general of this consultancy with presence in more than 40 countries, pointed out that the sectors where the growth of the manufacturing, trade and services jobs stands out.

ManpowerGroup expects 2017 to close with a generation of formal jobs between 800 and 850 thousand jobs, a figure that would be reached for the first time in the records of the Mexican Social Security Institute (IMSS).

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If Manpower's forecast is met in 2017, it would represent the best job creation in the last 20 years.

Mónica Flores, CEO of ManpowerGroup for Latin America, said that the record employment generation at the end of the year is based on a process of formalization to reduce the rate of informality and create an environment of confidence and stability in the private sector.

"This speaks of a very stable optimism in the expectation of hiring, and highlight the sectors manufacturing, commerce and services as the most expected hiring, in the north and northwest is also above the average," said the directive.

mexico manpower monica flores

In presenting the 'Employment Expectations Survey for the Fourth Quarter of 2017', Flores said that Mexican employers report positive hiring plans for the coming quarter, with 16 percent predicting an increase in their workforce, 3 percent anticipating decreasing them , 79 percent expect to remain unchanged and 2 percent said they do not know.

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Flores pointed out that for the first time since the crisis in 2008 and 2009, no country in which ManpowerGroup conducts the survey - which is more than 40 - projected a negative expectation of employment, not even Italy and Brazil, who were negative in a period , already report positive quarters in the expectation of employment generation.

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