Why are there more unemployment claims from Afores when the job is good? Here’s what Amafore says

Despite the good numbers in the creation of Art workplaces who remained in the country in recent months, unemployment has reached historic highs. In August of last year, the highest figure for a month since the time of records was registered National commission of the pension savings system (Consar), a total of 2,921 million pesos.

On this topic, the president a Mexican association earlier (Amophorus), Guillermo Zamaripaexplained that the strong informal component that exists in the creation of jobs in the country can explain that, despite good jobs, a large part of the population cannot return to the formal market and, accordingly, apply for unemployment Earlier to which he is entitled.

“Employment data in IMSS The total number of workers doesn’t show how many have left and how many have entered, so that number of net job creation that we’ve seen this year may include people who have lost their jobs and are applying for unemployment benefits,” he explained. .

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Consar data show that at the end of August, 194,116 workers had resources from their Afore for unemployment; 24,679 more compared to the same month last year.

​​​​​​While withdrawal from unemployment benefits is a right for workers, they should remember that they must replenish these resources so that their balance sheet is not affected. pensionas well as the weeks specified by you at the time of your retirement.

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The presentation of the meeting took place this Tuesday Amafore 2023the annual convention of the Afore trade union in Mexico, which will take place in Mexico City on October 23 and 24, where national and international experts in the field of retirement savings will analyze the challenges facing investments now, considering their future, in order to have optimal mechanisms for extending benefits to the country’s workers .

In the midst of the recently started military conflict between Israel and PalestineCEO of BlackRock Mexico, Sergio Mendezbelieved that it is still too early to know the impact on financial and investment markets, but reminded that the best way to reduce risk is to have a diversified investment portfolio.

In this sense, he reminded that periods of loss of asset value are a good opportunity to review the investment strategy and remember that these are long-term portfolios.

“For me, disability is an opportunity. We have lived since then financial crises, pandemics and even terrible situations like cyclones or earthquakes and the only thing that prevents you from this is order and discipline in your investments and this is also called diversification. This is where the two positions come together that the war is an exogenous situation, it is what is happening,” he explained.

rtd/rcr