Nearly Sixty Percent of Mexico's Workers Continue to Work Informally Proceso
go to original November 1, 2015

A fish vendor. More people have jobs, but not all are high-quality. (Eitan Abramovich/AFP/Getty Images)

Despite the decline in formal unemployment in September, informal employment remained unchanged, registering a level of 57.6%, the National Institute of Statistics and Geography (INEGI) reported. That is, six of every 10 Mexicans are occupationally vulnerable due to the nature of the their work. They do not enjoy fixed salaries, benefits or social security [health insurance and pension].

The informal sector includes those who work in subsistence agriculture and those employed by companies registered with the Mexico Social Security Institute (IMSS) but who work as temporary workers or without contracts, in addition to those working in unregistered small businesses or informally on their own. [It also includes domestic workers.]

Additionally, labor market conditions fail to be optimized, since according to INEGI, the underemployed population, consisting of those who say they need and are available to work more hours, represents 8.9% of the working population, higher than the 8.4% recorded in the same month a year ago.

Read the rest at Mexico Voices

Related: Mexico Must Reduce its Informal Economy (Mexico Voices)

Related: More Than 11 Million Mexicans in Extreme Poverty (Prensa Latina)

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