Mexico’s unemployment rate slightly decreased to 3.4% of the economically active population in December, from 3.5% in November, according to the country’s statistical agency.
Meanwhile, the rate fell by 0.3 pp compared to the same month of 2016, sustaining the deceleration process observed in the last few months.
Mexico’s unemployment rate refers to the labor force percentage that worked less than an hour during the survey reference period, but expressed willingness to do so and tried to find a job.
Meanwhile, the labor force participation rate remained at 59.1% in December.
The material has been provided by InstaForex Company – www.instaforex.com
Disclaimer: Please note all prices are for information only, they should not be relied upon for accuracy or trading. All prices quotes are based on CFD prices and are similar though not always identical to real exchange prices. STOCKTRKR or anybody connected with STOCKTRKR will not accept any liability for loss or damage arising from use of any information/commentary/charts or articles which is provided 'as is' for educational purposes only, nothing contained on this website should be considered as investment advice - please seek proper investment advice from registered financial broker or institution if you wish to trade on global markets and ensure you are familiar with the risks.
