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Informal work becomes more profitable than formal work: Centre for Economic Studies of the Private Sector
MX🏛️ PoliticsCenteryesterday

Informal work becomes more profitable than formal work: Centre for Economic Studies of the Private Sector

The Center for Economic Studies of the Private Sector (CEESP) reported that working in Mexico's informal economy can be more profitable than working formally. According to data from June, the average hourly income for self-employed workers in the informal sector was 75.7 pesos, compared to 66.3 pesos for salaried workers. The report noted that 55% of employed individuals work informally, representing 33 million people, an increase of over 105,000 since last year. It highlighted the precariousness of employment, citing a reduction of 179,000 people with access to health institutions and an increase of 219,626 without such access. The report also pointed out that a majority of workers earn below the minimum wage, indicating weak economic growth, high uncertainty, and rising labor costs, which discourage investment and hinder job creation.

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El Universal logoEl UniversalIndependentCenteryesterday
Informal work becomes more profitable than formal work: Centre for Economic Studies of the Private Sector

The Center for Economic Studies of the Private Sector (CEESP) reported that working in Mexico's informal economy can be more profitable than working formally. According to data from June, the average hourly income for self-employed workers in the informal sector was 75.7 pesos, compared to 66.3 pesos for salaried workers. The report noted that 55% of employed individuals work informally, representing 33 million people, an increase of over 105,000 since last year. It highlighted the precariousness of employment, citing a reduction of 179,000 people with access to health institutions and an increase of 219,626 without such access. The report also pointed out that a majority of workers earn below the minimum wage, indicating weak economic growth, high uncertainty, and rising labor costs, which discourage investment and hinder job creation.

Bias read (Center): While the topic of informal versus formal employment is politically charged, the article presents data and analysis without overtly favoring either side. The framing remains neutral, focusing on statistical evidence and expert commentary rather than taking a clear ideological stance. The report does

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