investing.com 03 Jan, 2021 03:00 am

Outsourcing cost Mexico 250,000 jobs in December, president says By Reuters

Outsourcing cost Mexico 250,000 jobs in December, president says

FILE PHOTO: Mexico's President Lopez Obrador addresses to the nation on his second anniversary as President, at the National Palace in Mexico City MEXICO CITY (Reuters) - Mexican President Andres Manuel Lopez Obrador said on Saturday that Mexico had lost 277,000 jobs in the month of December, which he attributed to subcontractors cutting employees from the books to avoid paying benefits and year-end bonuses."Outsourcing companies dismiss many workers registered in the Mexican Social Security Institute (IMSS) so they don't have to pay benefits or give them bonuses, and for that reason after we had been gaining jobs month after month, we lost 277,000 jobs in December," said Lopez Obrador in a video published to Twitter Saturday.Lopez Obrador has championed a bill which would ban companies from subcontracting jobs to third-party firms, which now employ some 4.Russia ready to trial combined AstraZeneca, Sputnik V vaccine in Ukraine p MOSCOW (Reuters) - Russia is ready to conduct clinical trials in Ukraine of a COVID-19 vaccine combining its Sputnik V with a vaccine developed by AstraZeneca (NASDAQ:AZN).

UK PM Johnson could lose his seat and majority at next election - poll p LONDON (Reuters) - British Prime Minister Boris Johnson is on course to lose his own seat and neither of the two main political parties is likely to win an outright majority at.Labor Department finalizes limits on pension-fund voting on corporate proxies p By Jessica DiNapoli NEW YORK (Reuters) - The U.

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Outsourcing cost Mexico 250,000 jobs in December, president says By Reuters

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