INEGI Highlights Mexico's Informal Economy Growth Amid Earnings and Productivity Gaps

INEGI's new account estimates Mexico's informal economy size and shows workers there earn more on average after adjustments, but formal Mexican workers still lag behind U.S. counterparts in pay and productivity. This gap signals potential economic challenges as productivity disparities persist despite informal sector growth. Policymakers must address data inconsistencies and underreported incomes to design effective economic strategies for Mexico's workforce, especially considering 19 million Mexican-origin workers in the U.S. earning $376B and 22.4 million in Mexico's formal sector earning 5.1 trillion pesos.