Coneval updated its quarterly calculation of the proportion of the population that is in labor poverty. In the third quarter of 2023, the proportion of the population in labor poverty, at the national level and in the urban areas, did not improve compared to the proportion that existed before the pandemic emergency began.
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37.8% of the population in Mexico was in a situation of working poverty as of the second quarter of 2023, that is, close to 49.6 million people in the country were not capable of covering the cost of the food basket with their labor income.
As of the first quarter of 2023, labor poverty decreased by 1.1 percentage points in annual terms. Thus, 37.7% of the population in Mexico is in labor poverty, which implies that 48.6 million people cannot buy a food basket with their labor inc…
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-inform…
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 foo…
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 levels: inflation and informal employment.
August 23, 2022
Mexico | Labor poverty decreases, but the cost of the basic basket rises up to 12.6%
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…