Torreón beats Saltillo in job creation

Torreón “beats” Saltillo in job creation during the first quarter of 2024. According to data from the National Institute of Statistics and Geography (Inegi), 956,115 jobs were registered in Torreón while in Saltillo there were 798,821.

An analysis prepared by SigloData revealed that in the first quarter of 2023, 928,522 jobs were generated in Torreón, of which 584,330 were economically active and 344,192 were not, while Saltillo reached 783,040 jobs, mostly economically active. In the same period of 2024, Torreón generated 956,115, 475,525 actively and 307,515 not; This is 157,294 more than Saltillo, which reached 798,821.

During the first quarter of 2023, Torreón achieved a notable advantage in formal jobs in Coahuila with 250,431, with a difference of 17,387 jobs with the municipality of Saltillo, which stood at 333,044. In the same period of 2024, there was a smaller difference compared to the previous year, but Torreón continues to be the leader, with 358,158 formal jobs, with a difference of 11,855 formal jobs over Saltillo.

Based on the percentage of the employed population by economic sector, Torreón reported that 5 out of every 10 workers are in the services sector (48%) and 2 out of every 10 work in the commerce sector (21%), the primary sector of the economy. It only represents 1% and 30% of the workers are in the industry.

The first quarter of 2024, according to the percentage of the employed population by income level, Torreón registered that 76% of the employed population has income between 1 to 2 Minimum Wages, according to Inegi statistics. Only 1% of workers have incomes greater than 5 Minimum Wages and 14% of Torreón workers receive 2 to 5 Minimum Wages.

Inegi pointed out that the highest unemployment rates in the country were in Coahuila (4.2%), Mexico City (4%), the state of Mexico (3.6%), Tabasco (3.4%), Guanajuato, Tamaulipas and Tlaxcala ( 3.1%) and, Aguascalientes and Durango (3%).