Mexico May Unemployment Rate Down to 4.93%

In May of 2013, Mexican unemployment rate declined to 4.93 percent, from 5.04 percent in the previous month. Compared with the same month last year, the jobless rate went up by 0.1 percentage point.

The unemployment rate for men dropped in May to 4.93 percent, from 5.17 percent in April. In contrast, the jobless rate for women increased to 4.93 percent from 4.83 percent in the previous month. 

Urban unemployment, based on the country’s 32 largest cities, decreased to 5.54 percent in May, from 6.42 percent in April. Compared with May of 2012, urban unemployment also declined by 0.5 percentage point.

On a seasonally adjusted basis, the jobless rate decreased to 5.07 percent in May, from 5.14 percent in April.

Mexico May Unemployment Rate Down to 4.93%

Joana Taborda |
6/24/2013 2:34:11 PM