Thursday, August 27, 2009
Mexicans without Jobs
Mexico's unemployment rate ticked up to 6.12 percent in July, up a full percentage point from the figure in June and the highest rate registered since the 1994-95 crisis. Furthermore, in the 32 primary urban areas in the country, the number was 7.68 percent in July. This is still well below the corresponding statistic in the US and other developed nations; a reliable figure for underemployment would be a nice complement to these figures.