|
|
|
|
Search: 
Latin American Herald Tribune
Venezuela Overview
Venezuelan Embassies & Consulates Around The World
Sites/Blogs about Venezuela
Venezuelan Newspapers
Facts about Venezuela
Venezuela Tourism
Embassies in Caracas

Colombia Overview
Colombian Embassies & Consulates Around the World
Government Links
Embassies in Bogota
Media
Sites/Blogs about Colombia
Educational Institutions

Stocks

Commodities
Crude Oil
US Gasoline Prices
Natural Gas
Gold
Silver
Copper

Euro
UK Pound
Australia Dollar
Canada Dollar
Brazil Real
Mexico Peso
India Rupee

Antigua & Barbuda
Aruba
Barbados
Cayman Islands
Cuba
Curacao
Dominica

Grenada
Haiti
Jamaica
Saint Kitts and Nevis
Saint Lucia
Saint Vincent and the Grenadines

Belize
Costa Rica
El Salvador
Honduras
Nicaragua
Panama

Bahamas
Bermuda
Mexico

Argentina
Brazil
Chile
Guyana
Paraguay
Peru
Uruguay

What's New at LAHT?
Follow Us On Facebook
Follow Us On Twitter
Most Viewed on the Web
Popular on Twitter
Receive Our Daily Headlines


  HOME | Mexico

Mexico’s Unemployment Rate Rises to 5.2%

MEXICO CITY – Mexico’s unemployment rate was 5.2 percent in the third quarter, up slightly from the 5.1 percent rate registered in the same period in 2012, the National Institute of Statistics and Geography (INEGI) said.

Some 2.7 million people were unemployed in the July-September period out of a labor force of 52.3 million, the INEGI said.

The underemployment rate – defined as workers who wish to and are willing to work more hours but are unable to do so – was 8.5 percent in the third quarter, the same level as in the July-September 2012 period, the INEGI said.

The statistics agency, which considers a worker to be employed if they are older than 14 and work at least six hours a week in any job, said the labor force participation rate was 94.8 percent in the third quarter.

Some 59.1 percent of Mexico’s workers were employed in the informal sector of the economy during the third quarter, a figure that was below the 60.6 percent level registered in the July-September 2012 period, the INEGI said.

About 61.6 percent of workers were employed in the service sector, while 24 percent worked in manufacturing, 13.8 percent in agriculture and mining, and 0.60 percent were in unspecified sectors.

Some 66.6 percent of workers are salaried, 22.9 percent are self-employed, 6.2 percent do not receive set salaries because they work in family owned businesses and 4.3 percent are employers.

Mexico has a population of 118.6 million, according to the latest projections based on the 2010 census, of whom 53.3 million live in poverty.

Enter your email address to subscribe to free headlines (and great cartoons so every email has a happy ending!) from the Latin American Herald Tribune:




 

 

Xbox Live Gratuit
Copyright Latin American Herald Tribune - 2009 © All rights reserved