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August 4, 2021

Mexico | Millennials in the Pandemic: Income and Expenditure Profile

Millennials played a critical role in reopening during the pandemic. 20 million Millennials worked in the second half of 2020, which is almost 1 in 3 active workers. The current income of a Millennial amounted to 7,251 pesos per month, that of Generation X was 12.3% higher (8,141 pesos).

August 3, 2021

Mexico | Sharp fall in labor income and a slow recovery in the labor market

In 9 out of 10 households, there was a fall in labor income. The lag in the labor market's recovery prevails, with high levels of unemployment, underemployment and informality, and a slow creation of formal employment.

March 4, 2021

Mexico | There are 51 million Mexicans with an income below the value of the food basket

Coneval estimates that there are more than 51 million Mexicans living in working poverty in the 4Q20, 40.7% of the total population. Due to the pandemic, there was a contraction of 10.3 million jobs during the 2Q20, which is equivalent to almost 19% of total jobs nationally: 6.2 million men and 4.1 million women.

September 11, 2020

Mexico | Physical and financial health in the face of Covid-19

With Covid-19, it is not only necessary to take care of physical health, but also financial health, mainly because we are exposed to negative variations in income. The note presents recommendations in case of being under these variations.

September 11, 2020

Mexico | The 2021 Economic Package: Opportunity for countercyclical policy

This week the Ministry of Finance released the fiscal package that he presented to Congress for next year. It is the third presented by this administration. I think it is positive that, after three fiscal packages, it can be confirmed that it is a government committed to maintaining fiscal balances.

September 8, 2020

Mexico | Economic package 2021 based on relatively optimistic GDP and income assumptions

The economic package reinforces the signal of fiscal discipline by establishing a primary balance of 0% of GDP. It is positive that the federal government has proposed that goal instead of the deficit of 0.6% of GDP that it had suggested in Pre-Criteria for 2021.

December 2, 2016

U.S. | Income disparity, technology and globalization

What are the forces behind the rise in wage inequality throughout the last three decades? Which policies can reverse/correct this path?