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Due to the arrival of COVID-19 in Mexico, a majority of the population was affected in terms of their labor participation. This article aims to measure the levels of educational mismatch-overeducation and undereducation-in Mexico before and after the closure of activities decreed during the pandemic. The research examines changes in educational adjustment from the first quarter of 2020 to the third quarter of the same year and the first quarter of the following year, and it investigates whether there were modifications in sociodemographic profiles, changes in the conditions of those experiencing educational mismatch, and if these dynamics were a result of the crisis. The analysis uses the National Occupation and Employment Survey and employs multinomial models to assess the probability of being in some form of educational mismatch, with a grouped base for five survey editions to establish changes over time. The results show an increase of approximately 0.5% in overeducation in the total occupied population, considering sociodemographic and labor insertion characteristics. Similarly, there are differences between informal and formal employment in terms of how these changes occur, with the former showing increases first, followed by the latter. [ABSTRACT FROM AUTHOR]

This article constitutes an empirical contribution regarding the correlation between economic informality and the COVID-19 pandemic in Peru. Based on interviews with merchants in the informal sector of the city of Huancayo, the pandemic-related impacts are analyzed in relation to income and livelihoods. It is argued that informal employment played an important role in the tragic indicators of public health in the country. The intrinsic flexibility of this type of activities, specifically for walking merchants, and the lack of access to systems and programs of social security were the main reasons that people worked in this sector to replace the income they lost due to confinement. Thus, the notion “replacement of income” in the economy appeared during the pandemic. The heterogeneity among those who carry out informal work, specifically in terms of their access to different resources, enabled such work and enabled some people to control their exposure to the virus. It is concluded that the focus on economic formalization of the last decades of financial liberalization are not considered advantages that informal activities offer in relation to formalization. In fact, informality continues to offer the best opportunity for immediate income and highly flexible options, in particular for adapting to crisis situations like the pandemic. [ABSTRACT FROM AUTHOR]