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Regarding the recent Coneval report, the main labor poverty indicators updated to the fourth quarter of 2022 are presented. Additionally, an analysis of the population in labor poverty condition by urban and rural area, state, and formal-informal employment situation is included.
After three consecutive quarters of decline, the percentage of population living in labor poverty increased by 1.8 percentage points (from 38.3% in 2Q 2022 to 40.1% in 3Q 2022), caused by the drop in average labor income and the increase in food-basket prices.
According to Coneval, working poverty at national level stood at 38.3% in the second quarter of 2022, maintaining a downward trend. Two factors in the short term are considered the main challenges to continue on the path of reducing poverty lev…
Despite inflation, as of the second quarter of 2022, the proportion of the population living in labor poverty in Mexico (38.3%) was the second lowest since 2013, but without reaching pre-pandemic levels.
The behavior of labor poverty of the Mexican population is presented for the first quarter of 2022. The decrease in labor poverty is mainly due to two factors: the increase in real labor income per capita of 6.7% and the increase of 3.1 million…
