Mexico Unemployment Rate Up to 4.8% in March

Mexican unadjusted jobless rate rose to 4.8 percent in March of 2014, up from 4.65 percent in February and 4.51 percent a year earlier. Upon seasonal adjustment, the unemployment rate rose to its highest in more than one year to 5.25 percent.

95.2 percent of the economically active population was employed in March, but underemployment rose 0.28 percent on a seasonally adjusted basis in March from February, to 8.3 percent.

The labor force participation rate was recorded at 58.81 percent in March, up from 57.83 percent a year earlier.

Among regions, Tabasco recorded the highest jobless rate (6.71 percent), followed by Coahuila de Zaragoza (6.36 percent), while Guerrero recorded the lowest one (2.04 percent). In the Federal District, unemployment rate rose to 6.26 percent from 5.83 percent in February.

Mexico Unemployment Rate Up to 4.8% in March

Joana Taborda |
4/22/2014 2:19:13 PM