July 21, 20 - 7:08 pm - LABS

Covid-19 pandemic makes informality rise in Mexico

The stoppage of activities to prevent the spread of the new coronavirus has pushed Mexico‘s economy even further into informality. That’s what the new Data Mexico platform presented this Tuesday by the National Institute of Statistics and Geography (INEGI) and the Ministry of Economy (SE) shows.

According to Expansión, in the first quarter of this year 549,003 entered to informality in the country. Today, Mexico has more than 31 million people out of the formal labor market.

The construction, agriculture, and temporary accommodation and food preparation sectors registered the highest informality levels: 84%, 83.3%, and 82.5%, respectively.

In the temporary accommodation and food preparation the informality level was much lower in the same period of 2019: 61.6%. Now, the number of people informally employed in this sector, one of the most affected by the Covid-19 crisis, went from 7,230 to 10,700.