Mexico Jobless Rate Rises Slightly to 3.8%


Mexico unemployment rate came in at 3.8 percent in April of 2016, slightly up from a nearly 8-year low 3.74 percent in March and the employment rate fell slightly. A year earlier, the jobless rate was higher at 4.31 percent.

Compared to the previous month, unemployment for women (3.69 percent from 3.6 percent) and men (3.87 percent from 3.82 percent). Among unemployed people, 19.8 percent had not completed secondary education while 80.2 percent had a higher education level.

The labor force participation rate fell to 59.4 percent (59.6 percent in March) and the employment rate decreased to 96.2 percent (96.3 percent in March). Among employed people 68.9 percent worked as a subordinate worker, 22 percent worked independently or on their own without hiring employees, 4.8 percent worked in business or in family plots, contributing directly to production processes without monetary compensation and 4.3 percent were employers.

Mexico Jobless Rate Rises Slightly to 3.8%


INEGI | Francisco Caeiro | francisco.caeiro@tradingeconomics.com
5/27/2016 4:16:31 PM