Economy & Business - March 2021

MEXICO: Social policy programmes fail to mitigate increase in poverty

On 16 February Mexico’s national council of evaluation of social development policy (Coneval) revealed that a reduction of 2.5% in real labour income recorded between the fourth quarter of 2020 and the same quarter in 2019 produced an increase in labour poverty. Coneval defines those people that have a job but whose salary is insufficient to afford a basic food basket as labour poor and found that their number grew by the end of 2020 to reach 40.7% of all employed people, an increase of 3.4 percentage points relative to a year earlier. Coneval’s analysis was based on data produced by the most recent national survey of occupation and employment (Enoe) by the national statistics institute (Inegi).

End of preview - This article contains approximately 859 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

Intelligence Research Ltd.
167-169 Great Portland Street,
5th floor,
London, W1W 5PF - UK
Phone : +44 (0) 203 695 2790
You may contact us via our online contact form
Copyright © 2022 Intelligence Research Ltd. All rights reserved.