Mexican Unemployment at 8-Month Low


Mexican jobless rate decreased to 3.96 percent in November of 2015 from 4.55 percent in October, well below market expectations. A year earlier, unemployment was higher at 4.53 percent.

The jobless rate for women went down by 0.93 p.p. to 4.05 percent and for men it fell to 3.9 percent from 4.29 percent.

The labour force participation rate went up to 61.2 percent in November from 60.3 percent in the previous month. 95.9 percent were working (up from 95.6 percent in October) while 9.4 percent said could work more hours (8.2 percent in October). 

Mexican Unemployment at 8-Month Low


INEGI | Yekaterina Gucshina | yekaterina@tradingeconomics.com
12/24/2015 2:35:09 PM