{
  "id": 613760,
  "title": "Mexico’s formal sector is posting gains in employment and pay, even as World Cup hangover hits",
  "url": "https://urgent.news/2026/08/11/mexicos-formal-sector-is-posting-gains-in-employment-and-pay-even-as",
  "topic": "business",
  "section": "Business",
  "published": "2026-08-11T22:47:52.000Z",
  "source": {
    "name": "Mexico News Daily",
    "slug": "mexico-news-daily",
    "url": "https://mexiconewsdaily.com/news/formal-employment-pay-mexico/"
  },
  "original_language": "en",
  "account": "In July 2026, Mexico's formal sector workforce experienced a decline of 19,550 jobs compared to the previous month, marking the most significant loss in recorded history. According to the Mexican Social Security Institute (IMSS), this decline was primarily attributed to seasonality following the conclusion of the school year and the decline of the agricultural cycle, as well as the aftermath of hosting the FIFA men's World Cup.\n\nNotably, the formal sector workforce had grown by 61,023 positions in June, partly due to an increase in the number of Uber and Didi drivers, as well as the impact of increased demand for ridesharing services during the World Cup, especially in Mexico City. Additionally, the launch of a program providing employment benefits to digital platform workers has helped stabilize formal sector job numbers since the previous year.\n\nManpower Group's general director in Mexico, Alberto Alesi, noted that companies are currently exercising caution when it comes to hiring, with economic challenges being the primary factor driving this caution. This caution, along with potential workforce reductions, will be crucial in determining the net increase in formal jobs by the end of 2026.\n\nDespite the July decline, Mexico's formal sector workforce had grown by 243,078 positions over the first seven months of 2026, marking a 24.8% increase compared to the same period in the previous year. At the end of July, 22.76 million people were employed in IMSS-affiliated formal sector jobs, marking the fourth-highest figure on record and the highest for any July.",
  "summary": "Mexico's formal sector registered a decline of 19,550 jobs in July, but overall, the increase in formal sector jobs in the first seven months of this year is 24.8% higher than in the same period of 2025. The post Mexico’s formal sector is posting gains in employment and pay, even as World Cup hangover hits appeared first on Mexico News Daily",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}