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Mexico's Jobless Rate Drops in January-September; Underemployment High

LADB Article ID: 54530
Category/Department: Mexico
Date: 1998-11-04
By: LADB Staff

The latest government statistics on unemployment report the jobless rate for September at only 3.3% of the economically active population (EAP). As of 1997, the EAP comprised 38.8 million Mexicans of working age. The September statistics, published by the government's Instituto Nacional de Estadisticas, Geografia e Informatica (INEGI), are slightly higher than the August unemployment rate of 3% of the EAP. INEGI said the September data brought the average unemployment rate for the first nine months of the year to 3.9%.

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