Mexico Jobless Rate Declines to 3.6% in September


The unemployment rate in Mexico fell to 3.6 percent in September of 2017 from 4.1 percent a year earlier and matching market expectations. When adjusted for seasonality, the jobless rate remained steady at 3.3 percent.

Compared to September of 2016, the jobless rate went down for both men (3.6 percent from 4 percent) and women (3.6 percent from 4.4 percent). Among unemployed people, 17.3 percent had not completed secondary education and 82.7 percent had a higher education.

Those underemployed accounted for 7.8 percent of total employed, higher than 7.1 percent a year ago.

The participation rate fell to 59.1 percent from 59.7 percent in September of 2016.

Mexico Jobless Rate Declines to 3.6% in September


INEGILuisa Carvalho | luisa.carvalho@tradingeconomics.com
10/20/2017 1:20:37 PM