Micro-enterprises generate 57.4 percent of jobs in Hidalgo and account for 97.2 percent of the state’s economic units, reported Luis Fernando Garrido Ramírez, president of the Hidalgo chapter of the Mexican Employers’ Confederation (Coparmex).
The business leader noted that, in addition to accounting for the majority of jobs, micro-enterprises contribute 15.5 percent of the income generated within the state.
In contrast, large companies represent just 0.1 percent of total economic units; however, they generate 17.5 percent of jobs in Hidalgo.
He stated that the business sector is driving strategies to strengthen formal employment, recognizing that informality remains one of the labor market’s primary challenges in the state.
Meanwhile, Jorge González Corona, president of the Business Coordinating Council of Hidalgo (CCEH), reported that there are currently 120 investment projects underway. These involve a total investment exceeding 125 billion pesos, allocated to sectors such as construction, the chemical industry, logistics, manufacturing, metalworking, and services.
The business representative added that companies are already beginning to leverage the logistical advantages that the Felipe Ángeles International Airport (AIFA)–Pachuca train line will offer.
Labor informality exceeds 70%
According to the National Survey of Occupation and Employment (ENOE), more than 70 percent of the employed population in Hidalgo works in the informal sector.
Faced with this situation, Hidalgo’s Secretary of Labor and Social Welfare, Óscar Javier González, reported that the state government is implementing strategies to boost formal job creation, particularly in urban areas.
The official explained that the Sierra Alta and Huasteca regions have the lowest employment levels. Consequently, the agency has launched a labor mobility program aimed at agricultural day laborers.
He also noted that labor informality is most prevalent in rural municipalities due to the region’s historical underdevelopment. This situation limits thousands of workers’ access to benefits and social security services.
Source: hidalgo.periodicocentral
