Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

Youth in Mexico Confront a Bleak Job Market

The National Survey of Occupation and Employment (ENOE) indicated in late August that 85% of youth between the ages of 20 and 29 earn the lowest wages in the country, at 6,000 pesos (US$450) or less a month.

The youth unemployment rate nationally stood at 8.3 percent, equivalent to 349,000 young people between the ages of 14 and 29, of which 14.5 percent are college graduates.

Miguel Angel Xochiteotzin, economist at the Center of Multidisciplinary Analysis at the National Autonomous University of Mexico (UNAM), affirms that the numbers stem from a labor market that is . . .

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