Unemployment in Mexico Climbs Over 5 Percent World Bulletin
go to original May 14, 2014

The unemployment rate in Mexico climbed to 5.04 percent during the first quarter of 2014, an increase of 0.3 percent over the last quarter of 2013.

The number of unemployed Mexicans citizens now stands at 2,484,798 from a total of 51.8 million economically active people, according to the National Survey of Occupation and Employment published quarterly by the National Institute of Statistics and Geography.

The working population during the first quarter of 2014 increased by 741,000 persons, continuing the trend between 2010 through to the end of 2013 of more people looking for work

The underemployed population reached 4.1 million people in the first quarter of 2014, 8.3 percent of the entire labor force, slightly higher than same period a year ago where the rate was 8.2 percent.

Underemployment is defined as the need to seek a supplementary occupation or a new job with more hours to become fully employed.

Read the rest at World Bulletin

We invite you to add your charity or supporting organizations' news stories and coming events to PVAngels so we can share them with the world. Do it now!