OECD: Mexico's Unemployment Among the Lowest
Murry Page - The Mazatlan Messenger
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July 12, 2014
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According to the Organization for Economic Cooperation and Development (OECD) when México recorded an unemployment rate of 5.1 percent for May of this year, that placed it the fourth lowest among the member countries.

According to the monthly report of the OECD, in May the unemployment rate in México was lower than the average of 34 countries of the OECD, which remained at 7.4 percent.

In May México’s unemployment rate rose slightly from the 5.0 percent recorded the month earlier. Unemployment among Mexican women rose from 4.8 percent in April to 5.2 percent in May, while among men, the rate declined slightly from 5.1 to 5.0 percent in the same period.

Within the OECD member countries, the highest May unemployment rates were reported by Spain, with 25.1 percent, Portugal, with 14.3 percent, Slovakia with 13.9 percent, Italy with 12.6 percent, Ireland, with 12.0 percent, Slovenia, with 10.3 percent, and France with 10.1 percent.

The lowest rates for May were recorded in Japan, with 3.5 percent, Korea with 3.7 percent, Austria with 4.7 percent, Australia, with 5.8 percent, and Germany, Iceland and México with 5.1 percent each.

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