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Published on Thursday, July 4, 2019 | Updated on Friday, July 5, 2019

Mexico | The Labor Market Is Slowing Down

Summary

Fewer formal jobs are currently being created in the country than in recent years —and that's worrying. The growth rate of formal employment positions had remained above 4% in recent years. However, it fell to 2.5% in May.

Key points

  • Key points:
  • Informal workers represent over half of the economically active population
  • Why has the job creation rate slowed?

Geographies

Documents and files

Report (PDF)

190704_ArtPrensa_CarlosSerrano-1.pdf

Spanish - July 4, 2019

Report (PDF)

190704_PressArticle_CarlosSerrano.pdf

English - July 4, 2019

Authors

CS
Carlos Serrano BBVA Research - Chief Economist
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