Effects of the 2008–09 Economic Crisis on Labor Markets in Mexico
The 2008-09 economic crisis has had a long-lasting negative impact on the Mexican economy. This paper examines labor market dynamics in Mexico in light of the crisis. The labor market has been characterized in recent years by low relative unemploym...
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| Format: | Policy Research Working Paper |
| Language: | English |
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2012
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| Online Access: | http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20111011084811 http://hdl.handle.net/10986/3605 |
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okr-10986-3605 |
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oai_dc |
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Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
ACCOUNTING ACTIVE LABOR ACTIVE LABOR MARKET ACTIVE LABOR MARKET POLICIES ACTIVE LABOR MARKET PROGRAMS AGE GROUP AGE GROUPS AGED WORKERS AGGREGATE DEMAND AGRICULTURE ALLOCATION OF RESOURCES AVERAGE UNEMPLOYMENT AVERAGE UNEMPLOYMENT RATE AVERAGE WAGES BILATERAL TRADE CENTRAL BANK COMPETITIVE PRESSURES COUNTRY OF ORIGIN CRISES DEVELOPMENT POLICY EARNING ECONOMETRIC ANALYSIS ECONOMIC ACTIVITY ECONOMIC GROWTH EDUCATIONAL LEVEL EDUCATIONAL LEVELS EFFECTIVE POLICIES ELDERLY EMPLOYMENT CREATION EMPLOYMENT DYNAMICS EMPLOYMENT EFFECTS EMPLOYMENT GROWTH EMPLOYMENT IMPACTS EMPLOYMENT LEVELS EMPLOYMENT PROGRAM EMPLOYMENT PROGRAMS EMPLOYMENT STATUS ENTRY BARRIERS EXPORTS FINANCIAL CRISIS FINANCIAL SECTOR FIRM SIZE GOVERNMENT PROGRAMS HEALTH INSURANCE HEALTH SERVICES HIGH SCHOOL EDUCATION IMMIGRANTS IMMIGRATION INCOME INCOME DISTRIBUTION INCOME SUPPORT INFLATION INFLATION RATE INFORMAL EMPLOYMENT JOB CREATION JOB DESTRUCTION JOB LOSSES JOB SEEKERS JOBS LABOR DEMAND LABOR FORCE LABOR MARKET LABOR MARKET ADJUSTMENT LABOR MARKET PERFORMANCE LABOR MARKET POLICIES LABOR MARKETS LABOR MOBILITY LABOR POLICIES LABOR POLICY LABOR SUPPLY LACK OF INFORMATION LAYOFF LEVELS OF EDUCATION LEVELS OF PRODUCTIVITY LIQUIDITY MACROECONOMIC STABILITY MATERNITY BENEFITS MIGRANTS MIGRATION MIGRATION FLOWS MINIMUM WAGE MINIMUM WAGES MONETARY POLICY MOV NATIONAL LEVEL NATIONAL POPULATION NATIONAL POPULATION COUNCIL NATURAL GAS NET JOB CREATION NET JOB LOSSES NUMBER OF PEOPLE NUMBER OF WORKERS OCCUPATION OCCUPATIONS ON-THE-JOB TRAINING OPEN UNEMPLOYMENT PASSIVE LABOR PENSIONS POLICY DISCUSSIONS POLICY RESEARCH POLICY RESEARCH WORKING PAPER POSITIVE EFFECTS POTENTIAL OUTPUT PRELIMINARY EVIDENCE PREVIOUS SECTION PRIMARY EDUCATION PRIVATE SECTOR PRIVATE SERVICES PRIVATE TRAINING PRODUCTIVE EMPLOYMENT PRODUCTIVITY PRODUCTIVITY GROWTH PROGRESS PUBLIC POLICY PUBLIC WORKS PUBLIC WORKS PROGRAMS RATE OF GROWTH REAL GDP REAL WAGES RECESSION RESPECT RETIREMENT RULE OF LAW SECONDARY EDUCATION SECRETARIES SELF EMPLOYED SELF EMPLOYED WORKERS SERVICE SECTOR SEVERANCE PAYMENT SEX SKILLED LABOR SKILLED WORKERS SOCIAL DEVELOPMENT SOCIAL PROGRAMS SOCIAL PROTECTION SOCIAL SECURITY SOCIAL SERVICES TEMPORARY EMPLOYMENT TEMPORARY JOBS TOTAL EMPLOYMENT TOTAL UNEMPLOYMENT TRAINING COURSES TRAINING PROGRAM TRAINING SERVICES TROUGH UNEMPLOYED UNEMPLOYED PEOPLE UNEMPLOYED POPULATION UNEMPLOYED WORKERS UNEMPLOYMENT UNEMPLOYMENT INSURANCE UNEMPLOYMENT LEVELS UNEMPLOYMENT RATE UNEMPLOYMENT RATES UNEMPLOYMENT SPELL UNEMPLOYMENT SPELLS URBAN AREAS URBAN POPULATION URBANIZATION WAGE DISTRIBUTION WAGE GROWTH WOMAN WORKER WORKERS WORKFORCE WORKING-AGE POPULATION YOUNGER WORKERS |
| spellingShingle |
ACCOUNTING ACTIVE LABOR ACTIVE LABOR MARKET ACTIVE LABOR MARKET POLICIES ACTIVE LABOR MARKET PROGRAMS AGE GROUP AGE GROUPS AGED WORKERS AGGREGATE DEMAND AGRICULTURE ALLOCATION OF RESOURCES AVERAGE UNEMPLOYMENT AVERAGE UNEMPLOYMENT RATE AVERAGE WAGES BILATERAL TRADE CENTRAL BANK COMPETITIVE PRESSURES COUNTRY OF ORIGIN CRISES DEVELOPMENT POLICY EARNING ECONOMETRIC ANALYSIS ECONOMIC ACTIVITY ECONOMIC GROWTH EDUCATIONAL LEVEL EDUCATIONAL LEVELS EFFECTIVE POLICIES ELDERLY EMPLOYMENT CREATION EMPLOYMENT DYNAMICS EMPLOYMENT EFFECTS EMPLOYMENT GROWTH EMPLOYMENT IMPACTS EMPLOYMENT LEVELS EMPLOYMENT PROGRAM EMPLOYMENT PROGRAMS EMPLOYMENT STATUS ENTRY BARRIERS EXPORTS FINANCIAL CRISIS FINANCIAL SECTOR FIRM SIZE GOVERNMENT PROGRAMS HEALTH INSURANCE HEALTH SERVICES HIGH SCHOOL EDUCATION IMMIGRANTS IMMIGRATION INCOME INCOME DISTRIBUTION INCOME SUPPORT INFLATION INFLATION RATE INFORMAL EMPLOYMENT JOB CREATION JOB DESTRUCTION JOB LOSSES JOB SEEKERS JOBS LABOR DEMAND LABOR FORCE LABOR MARKET LABOR MARKET ADJUSTMENT LABOR MARKET PERFORMANCE LABOR MARKET POLICIES LABOR MARKETS LABOR MOBILITY LABOR POLICIES LABOR POLICY LABOR SUPPLY LACK OF INFORMATION LAYOFF LEVELS OF EDUCATION LEVELS OF PRODUCTIVITY LIQUIDITY MACROECONOMIC STABILITY MATERNITY BENEFITS MIGRANTS MIGRATION MIGRATION FLOWS MINIMUM WAGE MINIMUM WAGES MONETARY POLICY MOV NATIONAL LEVEL NATIONAL POPULATION NATIONAL POPULATION COUNCIL NATURAL GAS NET JOB CREATION NET JOB LOSSES NUMBER OF PEOPLE NUMBER OF WORKERS OCCUPATION OCCUPATIONS ON-THE-JOB TRAINING OPEN UNEMPLOYMENT PASSIVE LABOR PENSIONS POLICY DISCUSSIONS POLICY RESEARCH POLICY RESEARCH WORKING PAPER POSITIVE EFFECTS POTENTIAL OUTPUT PRELIMINARY EVIDENCE PREVIOUS SECTION PRIMARY EDUCATION PRIVATE SECTOR PRIVATE SERVICES PRIVATE TRAINING PRODUCTIVE EMPLOYMENT PRODUCTIVITY PRODUCTIVITY GROWTH PROGRESS PUBLIC POLICY PUBLIC WORKS PUBLIC WORKS PROGRAMS RATE OF GROWTH REAL GDP REAL WAGES RECESSION RESPECT RETIREMENT RULE OF LAW SECONDARY EDUCATION SECRETARIES SELF EMPLOYED SELF EMPLOYED WORKERS SERVICE SECTOR SEVERANCE PAYMENT SEX SKILLED LABOR SKILLED WORKERS SOCIAL DEVELOPMENT SOCIAL PROGRAMS SOCIAL PROTECTION SOCIAL SECURITY SOCIAL SERVICES TEMPORARY EMPLOYMENT TEMPORARY JOBS TOTAL EMPLOYMENT TOTAL UNEMPLOYMENT TRAINING COURSES TRAINING PROGRAM TRAINING SERVICES TROUGH UNEMPLOYED UNEMPLOYED PEOPLE UNEMPLOYED POPULATION UNEMPLOYED WORKERS UNEMPLOYMENT UNEMPLOYMENT INSURANCE UNEMPLOYMENT LEVELS UNEMPLOYMENT RATE UNEMPLOYMENT RATES UNEMPLOYMENT SPELL UNEMPLOYMENT SPELLS URBAN AREAS URBAN POPULATION URBANIZATION WAGE DISTRIBUTION WAGE GROWTH WOMAN WORKER WORKERS WORKFORCE WORKING-AGE POPULATION YOUNGER WORKERS Freije, Samuel López-Acevedo, Gladys Rodríguez-Oreggia, Eduardo Effects of the 2008–09 Economic Crisis on Labor Markets in Mexico |
| geographic_facet |
Latin America & Caribbean Latin America & Caribbean North America America Mexico |
| relation |
Policy Research working paper ; no. WPS 5840 |
| description |
The 2008-09 economic crisis has had a
long-lasting negative impact on the Mexican economy. This
paper examines labor market dynamics in Mexico in light of
the crisis. The labor market has been characterized in
recent years by low relative unemployment, but high levels
of informal jobs, low-growth, and almost stagnant real
wages. In this context, the crisis destroyed a wide number
of formal jobs, and even informal, increasing the
unemployment rates to pre-crisis levels. Manufacturing was
the sector that endured the largest job losses during the
crisis and wages decreased for all sectors. The government
of Mexico implemented a variety of programs to cope with the
crises. However, these measures were too limited to
counteract the large negative impact of the crisis on labor markets. |
| format |
Publications & Research :: Policy Research Working Paper |
| author |
Freije, Samuel López-Acevedo, Gladys Rodríguez-Oreggia, Eduardo |
| author_facet |
Freije, Samuel López-Acevedo, Gladys Rodríguez-Oreggia, Eduardo |
| author_sort |
Freije, Samuel |
| title |
Effects of the 2008–09 Economic Crisis on Labor Markets in Mexico |
| title_short |
Effects of the 2008–09 Economic Crisis on Labor Markets in Mexico |
| title_full |
Effects of the 2008–09 Economic Crisis on Labor Markets in Mexico |
| title_fullStr |
Effects of the 2008–09 Economic Crisis on Labor Markets in Mexico |
| title_full_unstemmed |
Effects of the 2008–09 Economic Crisis on Labor Markets in Mexico |
| title_sort |
effects of the 2008–09 economic crisis on labor markets in mexico |
| publishDate |
2012 |
| url |
http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20111011084811 http://hdl.handle.net/10986/3605 |
| _version_ |
1764387409793908736 |
| spelling |
okr-10986-36052021-04-23T14:02:11Z Effects of the 2008–09 Economic Crisis on Labor Markets in Mexico Freije, Samuel López-Acevedo, Gladys Rodríguez-Oreggia, Eduardo ACCOUNTING ACTIVE LABOR ACTIVE LABOR MARKET ACTIVE LABOR MARKET POLICIES ACTIVE LABOR MARKET PROGRAMS AGE GROUP AGE GROUPS AGED WORKERS AGGREGATE DEMAND AGRICULTURE ALLOCATION OF RESOURCES AVERAGE UNEMPLOYMENT AVERAGE UNEMPLOYMENT RATE AVERAGE WAGES BILATERAL TRADE CENTRAL BANK COMPETITIVE PRESSURES COUNTRY OF ORIGIN CRISES DEVELOPMENT POLICY EARNING ECONOMETRIC ANALYSIS ECONOMIC ACTIVITY ECONOMIC GROWTH EDUCATIONAL LEVEL EDUCATIONAL LEVELS EFFECTIVE POLICIES ELDERLY EMPLOYMENT CREATION EMPLOYMENT DYNAMICS EMPLOYMENT EFFECTS EMPLOYMENT GROWTH EMPLOYMENT IMPACTS EMPLOYMENT LEVELS EMPLOYMENT PROGRAM EMPLOYMENT PROGRAMS EMPLOYMENT STATUS ENTRY BARRIERS EXPORTS FINANCIAL CRISIS FINANCIAL SECTOR FIRM SIZE GOVERNMENT PROGRAMS HEALTH INSURANCE HEALTH SERVICES HIGH SCHOOL EDUCATION IMMIGRANTS IMMIGRATION INCOME INCOME DISTRIBUTION INCOME SUPPORT INFLATION INFLATION RATE INFORMAL EMPLOYMENT JOB CREATION JOB DESTRUCTION JOB LOSSES JOB SEEKERS JOBS LABOR DEMAND LABOR FORCE LABOR MARKET LABOR MARKET ADJUSTMENT LABOR MARKET PERFORMANCE LABOR MARKET POLICIES LABOR MARKETS LABOR MOBILITY LABOR POLICIES LABOR POLICY LABOR SUPPLY LACK OF INFORMATION LAYOFF LEVELS OF EDUCATION LEVELS OF PRODUCTIVITY LIQUIDITY MACROECONOMIC STABILITY MATERNITY BENEFITS MIGRANTS MIGRATION MIGRATION FLOWS MINIMUM WAGE MINIMUM WAGES MONETARY POLICY MOV NATIONAL LEVEL NATIONAL POPULATION NATIONAL POPULATION COUNCIL NATURAL GAS NET JOB CREATION NET JOB LOSSES NUMBER OF PEOPLE NUMBER OF WORKERS OCCUPATION OCCUPATIONS ON-THE-JOB TRAINING OPEN UNEMPLOYMENT PASSIVE LABOR PENSIONS POLICY DISCUSSIONS POLICY RESEARCH POLICY RESEARCH WORKING PAPER POSITIVE EFFECTS POTENTIAL OUTPUT PRELIMINARY EVIDENCE PREVIOUS SECTION PRIMARY EDUCATION PRIVATE SECTOR PRIVATE SERVICES PRIVATE TRAINING PRODUCTIVE EMPLOYMENT PRODUCTIVITY PRODUCTIVITY GROWTH PROGRESS PUBLIC POLICY PUBLIC WORKS PUBLIC WORKS PROGRAMS RATE OF GROWTH REAL GDP REAL WAGES RECESSION RESPECT RETIREMENT RULE OF LAW SECONDARY EDUCATION SECRETARIES SELF EMPLOYED SELF EMPLOYED WORKERS SERVICE SECTOR SEVERANCE PAYMENT SEX SKILLED LABOR SKILLED WORKERS SOCIAL DEVELOPMENT SOCIAL PROGRAMS SOCIAL PROTECTION SOCIAL SECURITY SOCIAL SERVICES TEMPORARY EMPLOYMENT TEMPORARY JOBS TOTAL EMPLOYMENT TOTAL UNEMPLOYMENT TRAINING COURSES TRAINING PROGRAM TRAINING SERVICES TROUGH UNEMPLOYED UNEMPLOYED PEOPLE UNEMPLOYED POPULATION UNEMPLOYED WORKERS UNEMPLOYMENT UNEMPLOYMENT INSURANCE UNEMPLOYMENT LEVELS UNEMPLOYMENT RATE UNEMPLOYMENT RATES UNEMPLOYMENT SPELL UNEMPLOYMENT SPELLS URBAN AREAS URBAN POPULATION URBANIZATION WAGE DISTRIBUTION WAGE GROWTH WOMAN WORKER WORKERS WORKFORCE WORKING-AGE POPULATION YOUNGER WORKERS The 2008-09 economic crisis has had a long-lasting negative impact on the Mexican economy. This paper examines labor market dynamics in Mexico in light of the crisis. The labor market has been characterized in recent years by low relative unemployment, but high levels of informal jobs, low-growth, and almost stagnant real wages. In this context, the crisis destroyed a wide number of formal jobs, and even informal, increasing the unemployment rates to pre-crisis levels. Manufacturing was the sector that endured the largest job losses during the crisis and wages decreased for all sectors. The government of Mexico implemented a variety of programs to cope with the crises. However, these measures were too limited to counteract the large negative impact of the crisis on labor markets. 2012-03-19T18:05:25Z 2012-03-19T18:05:25Z 2011-10-01 http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20111011084811 http://hdl.handle.net/10986/3605 English Policy Research working paper ; no. WPS 5840 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Publications & Research :: Policy Research Working Paper Latin America & Caribbean Latin America & Caribbean North America America Mexico |