A new study finds that about 58 percent of jobs in Mexico are in the informal sector, including categories such as unregistered vendors, artisans and domestic workers.
But the study released by the National Statistics Institute on Tuesday Dec. 13 says that the informal sector generated only about 23.6 percent of the nation’s GDP in 2015. That represents a decline from about 27.2 percent in 2003.
The most common activities are construction work, small-scale manufacturing and selling products at informal markets or street stalls.
Formally registered jobs account for only about 42 percent of employment in Mexico. But they generate over three-quarters of all economic production.
Written by: Associated Press
more recommended stories
Explosions rattle Austin, Texas
A deadly string of unsolved bombings in.
Quintana Roo will have Port Facilities Protection Code
“As part of the security adjustments.
Mexico celebrates Benito Juarez “The Lincoln of Mexico”
Benito Juarez’s birthday (March 21) is.
Presidential candidate José A. Meade warns about influence of organized crime in Mexican elections
One of the concerns for this.
K’u’uk: contemporary cuisine or pure alchemy?
Acknowledged at the Food and Travel.
Mérida, one of the best cities to live in Mexico (and the world)
Dan Prescher wrote an article for.
Hacienda Kancabchén: a call from a distant era just 15 miles away from Mérida
Hacienda Kancabchén maintains great part of.
Amazon launches new debit card in México
MEXICO CITY.- Banorte and Mastercard, together.
Over two thousand dogs and cats have been vaccinated in Valladolid
With the installation of seven locations.
Yucatecan pelicans and flamingos on the brink of becoming endangered species
“Pelicans and flamingos are some of.