Mexico Unemployment Rate Down to 11-Month Low

Mexican jobless rate decreased for the fourth straight month to 4.53 percent in November of 2014 from 4.78 percent in the previous month.

Upon seasonal adjustment, the unemployment rate held steady at 4.71 percent. Among regions, Baja California Sur recorded the highest jobless rate (6.85 percent), followed by Tabasco (6.4 percent) and Distrito Federal (6.36 percent), while Guerrero recorded the lowest one (2.22 percent).

In November of 2014, the labour force participation rate decreased to 59.63 percent from 60.81 percent in the same month of the previous year. While 95.47 percent of economically active population was employed, 7.7 percent were underemployed. 

A year earlier, unemployment was recorded at 4.47 percent.

Mexico Unemployment Rate Down to 11-Month Low

Joana Taborda |
12/19/2014 2:16:44 PM