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news Mexico News Daily 2026-05-29

Mexico's Low Unemployment Hides Informal Work Surge, Shrinking Formal Sector

Mexico's low unemployment rate masks a growing informal labor sector and a declining formal economy. Job creation has slowed, with most new positions being informal and lacking benefits.


<p>Mexico's economy added just 551,000 jobs in a year, but the headline figure masks a deeper problem: The formal sector has been shrinking for five quarters running.</p> <p>The post <a href="https://mexiconewsdaily.com/news/behind-mexicos-low-unemployment-rate-a-surge-in-informal-work-and-shrinking-formal-sector/">Behind Mexico&#8217;s low unemployment rate, a surge in informal work and shrinking formal sector</a> appeared first on <a href="https://mexiconewsdaily.com">Mexico News Daily</a></p>...

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