| Mexico's Unemployment Worsens in March Market Realist | |
| go to original April 27, 2013 |
 |
After a strong decline in February, unemployment climbed back up just above 5%.
Unemployment is a lagging indicator that clearly confirms the health of an economy. Unemployment tends to fall much faster than it recovers, hence sharp drops can sometimes act as coincident indicators to confirm a trend reversal.
Mexico’s unemployment had fallen sharply below the iconical 5% mark during February, but the most recent reading posted a 5.01% in seasonally adjusted terms. Given other negative macroeconomic indicators showing a slowdown, the unemployment figure is a confirmation of the change of fortune for the economy.
Read the rest at Market Realist
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!
Celebrate a Healthy Lifestyle
From activities like hiking, swimming, bike riding and yoga, to restaurants offering healthy menus, Vallarta-Nayarit is the ideal place to continue - or start - your healthy lifestyle routine.
Banderas Bay offers 34 miles of incomparable coastline in the states of Jalisco and Nayarit, and home to Puerto Vallarta and Riviera Nayarit's many great destinations.