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’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>...