latimes.com: Competition for low-wage work reflects one of Mexico's biggest problems since the 2008-09 downturn: the inability to generate real jobs. The shortage hits young people hard, with 4 in 10 of Mexico's unemployed in their 20s. Throw in teenagers and the share rises to more than half.
Many find work in a growing informal economy as street vendors, waiters or day laborers. The 13.4 million Mexicans working in that sector don't show up in the official 5.2% jobless rate, masking the country's unemployment problem.
The MexicoBlog of the Americas Program, a fiscally sponsored program of the Center for Economic and Policy Research (CEPR), is written by Laura Carlsen. I monitor and analyze international press on Mexico, with a focus on security, immigration, human rights and social movements for peace and justice, from a feminist perspective. And sometimes I simply muse.
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