Mexico's Labor Informality Rate Rises to 55.2% as Critical Job Stress Hits 38.7%

1 articles · Updated · Mexico Business News · Jun 26

55.2% of Mexico’s employed population worked informally in May, up from 54.9% a year earlier, even as total employment reached a record 60.4 million.
428,000 more self-employed workers and 139,000 more unpaid workers drove much of the annual job gain, while formal salaried positions weakened and formal employers were down 10.4% since late 2023.
38.7% of workers fell under critical occupation conditions in May, up from 36.3% a year earlier, and the number earning up to one minimum wage increased by 737,000.
30.3% of all employment was in the informal sector, highlighting compliance and supply-chain risks for companies sourcing locally as ESG scrutiny expands.
BBVA links the shift toward informality to weak business confidence and negative fixed investment, suggesting labor reforms and minimum-wage hikes have not reversed the broader national trend.

Sources

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