Mexican Jobless Rate Drops Slightly In June RTTNews
go to original July 20, 2012

Unemployment in Mexico decreased marginally from the previous month in June, and came in below economists' forecast, data released by statistical office INEGI showed Friday.

The unemployment rate, on an unadjusted basis, came in at 4.81 percent in June. Economists had expected it to rise to 4.88 percent from May's 4.83 percent. In April, the jobless rate was 4.86 percent.

The underemployment rate for June was 9.3 percent, down from 7.8 percent recorded in June 2011, data showed.

On a seasonally adjusted basis, the unemployment rate came in at 4.98 percent in June, unchanged from the previous month, the agency said.

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!