Mexico approves project to reduce work hours to 40 by 2030
Mexico has approved a bill to gradually reduce the workweek from 48 to 40 hours by 2030, amidst concerns about work-life balance and high informal employment rates.
Mexico has recently passed a significant labor reform aimed at gradually reducing the workweek from 48 hours to 40 hours by 2030. This legislative move, approved by a unanimous decision from the 469 members present in the Chamber of Deputies, marks a crucial step in addressing labor issues in the country. However, it comes with some contentious stipulations, including the expansion of the allowable weekly overtime hours and maintaining only one day of rest for every six days worked.
The implications of this law are significant considering Mexico's current labor landscape, where the average worker puts in over 2,226 hours a year, making it one of the OECD countries with the poorest work-life balance. Over half of the workforce is employed informally, which contributes to lower productivity and wages, the lowest among the 38 OECD member countries. This reform is seen as a double-edged sword; while it aims to reduce hours, the conditions attached raise questions about its effectiveness in genuinely improving workers' rights and circumstances.
As the implementation of this law progresses starting next year, it will be essential to monitor its impact on both productivity and employee well-being. The government must strike a balance between reducing working hours and ensuring that workers are not penalized through extended overtime, which could negate the intended benefits of this reform. Overall, this legislative change could reshape Mexico's labor policies but will require careful oversight to ensure it meets its stated goals.