LatinNews Daily - 27 January 2023

In brief: Mexico’s unemployment rate drops year-on-year

* Mexico’s national statistics institute (Inegi) has published new figures which show that the unemployment rate stood at 2.8% of the economically active population – people over the age of 15 who are employed or seeking employment – in December 2022, equating to 1.6m people. This is a 0.8 percentage point decrease on the unemployment rate registered in December 2021. There was no variation in the unemployment rate from the previous month on seasonally adjusted figures. According to the Inegi figures, the number of people in Mexico’s economically active population who were employed in December equalled 57.9m, up 1m on the year before. Of the employed population, 4.2m or 7.3% were underemployed meaning they had the capacity and need for more work. This represented a decrease of 1.5m people compared to December 2021.

End of preview - This article contains approximately 137 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

Intelligence Research Ltd.
167-169 Great Portland Street,
5th floor,
London, W1W 5PF - UK
Phone : +44 (0) 203 695 2790
You may contact us via our online contact form
Copyright © 2022 Intelligence Research Ltd. All rights reserved.