Yucatan, second place nationally in job occupation

At the end of September, Yucatán had a job employment rate of 98.6 percent, which advanced it to second place (after occupying fourth place last month), among the states with the best employment rate.

According to the results of the National Survey of Occupation and Employment (ENOE) of the National Institute of Statistics and Geography (Inegi), the employment rate at the end of last September was slightly below the 98.9 percent recorded in the same month of 2023.

The first place with the highest job employment rate as of September 30 of this year was for Guerrero and Oaxaca, both with a rate of 98.9 percent.

They are followed by Yucatán with the aforementioned 98.6 percent; Querétaro, with 98.3 percent; Morelos, with 98.2 percent, and Hidalgo, with 98.1 percent, according to ENOE data.

The information for the second quarter of 2024, which is the most recent available, indicates that in Yucatan the economically active population (EAP) is 1 million 200 people, of which 1 million 178 thousand are employed and 22 thousand people do not have a job.

It highlights that, of the total number of employed people, 60 percent (724 thousand) work in the informal sector, and the remaining 40 percent work in established companies.

The informality rate in Yucatan exceeded the national average, which in September was 54.2 percent.

The Inegi reported that, at the national level, in September 2024 the EAP was 61.2 million people, which implied a participation rate of 60 percent.

Of the economically active population, 59.4 million people were employed (97.1 percent) last September, 335 thousand more than the same month in 2023.

On the other hand, underemployed people – those who declared having the need and availability to work more hours – were 4.9 million (8.2 percent of the employed population). This meant an increase of 28 thousand people compared to the same month a year earlier.

In the reference month, the unemployed population was 1.8 million people and the unemployment rate was 2.9 percent of the EAP.

Compared to September 2023, the unemployed population grew by 38 thousand people, the unemployment rate remained the same.

The National Survey of Occupation and Employment (ENOE) shows the behavior of the Mexican labor market by offering monthly data on the economically active population, employment, labor informality, underemployment, and unemployment.

TYT Newsroom

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