Child Suicides Hit Record High, Employment Recovers Slowly
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Child Suicides Hit Record High, Employment Recovers Slowly

Photo by:   Michael Aleo, Unsplash
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Andrea Villar By Andrea Villar | Journalist and Industry Analyst - Thu, 08/19/2021 - 13:56

More than a year since the pandemic hit, data on the impact it has had on the mental health of people, especially children, continues to pour in. This week, Mexican authorities reported that suicides among children and adolescents hit an all-time high in 2020. On the other hand, employment in Mexico is on a slow path to recover but unemployment withdrawals from pension funds continue to rise. 

Read this and more on The Week in Talent!
 

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  • Domestic violence and suicides among minors hit record highs due to the COVID-19 pandemic, Mexican authorities said Thursday. “The conditions of confinement, mobility restrictions and the suspension of classes have generated serious effects on children in our country,” said Deputy Secretary of Human Rights, Population and Migration, Alejandro Encinas. In 2020, a total of 1,150 suicides of children were reported, an increase of 12 percent over the previous year and a new record high. Suicides among 10-14-year-old children increased by 37 percent while those among 15-19-year-old female teenagers increased by 12 percent. Suicidal thoughts in teens also increased from 5.1 percent to 6.9 percent from 2018 to 2020.
     
  • Applications for unemployment claims in the US for the week ending August 14 registered their lowest level since March 2020, the US Labor Department reported on Thursday. According to the institution, there were 29,000 less new claims for a total of 348,000, a figure slightly better than the 365,000 new claims estimated by the market. The figure also represented the fourth week with a decline. 

 

  • Employment in Mexico's manufacturing sector grew 0.4 percent in June with respect to the previous month, according to the National Institute of Statistics and Geography (INEGI). However, workers' real salaries in this sector decreased 0.6 percent during the same period, notwithstanding the fact that hours worked increased by 0.6 percent. For this sector, INEGI draws a difference between two types of workers: blue-collar and white-collar. For the latter, wages paid to employees grew 0.3 percent at a monthly rate.

 

  • The amount of unemployment withdrawals from pension funds also known as Afores amounted to MX$1.9 billion (US$94.3 million) last July, their highest in 2021, reported the National Commission of the Retirement Savings System (CONSAR). Between January and July 2021, withdrawals amounted to MX$12.4 billion (US$615 million), 17.4 percent higher compared to the same period in 2020. So far this year, about 1.1 million Mexicans have withdrawn an average of MX$11,119 (US$551) from their unemployment savings.

 

Photo by:   Michael Aleo, Unsplash

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