Mexico | The Labor Market Is Slowing Down
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
- Geography Tags
- Mexico
Topics
- Topic Tags
- Employment
- Macroeconomic Analysis
Tags
- Tags
- labor market
- Informality
Authors
Carlos Serrano
BBVA Research - Chief Economist
Documents and files
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