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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

    Authors

    Carlos Serrano BBVA Research - Chief Economist

    Documents and files

    Report (PDF)

    190704_ArtPrensa_CarlosSerrano-1.pdf

    Spanish - July 4, 2019

    Report (PDF)

    190704_PressArticle_CarlosSerrano.pdf

    English - July 4, 2019

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