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
Yucatan gymnasts seek economic support to represent Mexico in DubaiSeven Yucatecan gymnasts are seeking support.
Merida is awarded in the 7th edition of the ICLEI Award for Sustainable Local Government 2022The good practices and public policies.
Flight from Tuxtla Gutierrez to Cancun delayed six hours by a passenger: he did not want to pay for extra luggageA Viva Aerobus plane that was.
Heavy fire caused alert on the Merida-Progreso HighwayA strong fire caused an alert.
So far this year, five men have been diagnosed with breast cancer in YucatanSo far this year, five men.
Governor Mauricio Vila Dosal and President Andrés Manuel López Obrador review progress on strategic projects for YucatánDuring the 12th work meeting held.
Mexican artists make a call to combat hate speech towards migrants at FILEmpathy and criticism of official speeches.
Man executed in Rancho Viejo area in CancunA man of approximately 30 years.
In order to fight gang violence, Honduras will suspend some constitutional rightsOn Saturday, December 3rd, the government.
India: First country ever to receive $100 billion USD a year in remittancesIndians form the world’s largest diaspora group at.
Leave a Comment