Mercado Lucas de Galvez
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
Comments
more recommended stories
A tirbute to Mexican Tacos on NETFLIXNetflix has created several successful food.
Mérida is braking all records in the summer of 2019Sefotur forsees great hotel occupancy and.
Sixth meeting of the U.S.-Mexico Energy Business CouncilMexico City – U.S. Department of Commerce.
Investments of more than 18 billion pesos for Yucatan“A total of 9 companies of.
Mérida: the safest city in Mexico (National Institute of Statistics and Geography survey)Ecatepec (Estado de México), Coatzacoalcos (Veracruz),.
AMLO says NO to the USA and claims “El Chapo´s” fortune for MexicoCDMX México (Times Media Mexico) –.
66 years of fervor“Gremio del campo” (the guild of.
Police and military carry out investigations in the Cancun´s hotel zoneCANCÚN Quintana Roo (Times Media Mexico/Photos:.
Global health emergency declared over deadly Ebola outbreak in Congo“This is an emergency. There is.
NH Collection Merida Paseo Montejo Hotel inauguratedThe NH Collection Merida Paseo Montejo.
Leave a Comment