Mexico in 2019 Created Fewest Jobs Since Financial Crisis

(Bloomberg) -- Mexico created the fewest formal jobs in 2019 since the financial crisis a decade ago after the nation raised the minimum wage and economic growth flat-lined.The country lost 382,210 jobs in December, according to data released Sunday by the nation’s social security institute known as IMSS. That lowers the net number of jobs created in the year to about 342,000, which is nearly half the amount of new posts seen in 2018.December is usually the month that reports the most jobs