LatinNews Daily - 05 August 2021

In brief: Millennials play key role in Mexico’s economic recovery

* The Mexican branch of the BBVA bank has published a report showing that Millennials played a “fundamental role” in the re-activation of Mexico’s economy during the coronavirus (Covid-19) pandemic. Millennials, whom BBVA defined as the demographic aged 25 to 39 in 2020, constituted a workforce of 20m people in Mexico during the second half of 2020, which represented almost one in three active workers. BBVA’s study found that Millennials’ monthly income averaged M$7,251 (US$363.6), a figure which grows by 12.3% for Generation X (aged 40 to 54). Compared with Generation X, Millennials earn less income from property and interests, and receive fewer government transfers.

End of preview - This article contains approximately 109 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.