Mexico: public aid for businesses appealing to partial unemployment

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17 February 2009 à 07h48

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2 minutes

Publication: 17 February 2009 à 07h48

Reading time: 2 minutes

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Publication

17 February 2009 à 07h48

Reading time

2 minutes

Publication: 17 February 2009 à 07h48

Reading time: 2 minutes

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nced new measures to fight the crisis’ negative impact on employment: 2 billion pesos (100 million euro) to avoid layoffs in businesses choosing partial unemployment. This aid will only be available to large businesses in industrial and electronic equipment as well as the automotive sector. (Ref. 090169)

The “Employment Saving Program” (Programa de Preservación de Empleo) is aimed at helping large businesses forced to temporarily reduce or suspend activity. Public funds will be partly used...

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