Puerto Vallarta News

Puerto Vallarta News

Mexico adds 608,000 jobs in August, unemployment 5.2%

Mexico’s unemployment rate was 5.2% in August, official data showed on Monday, the first time the figure has been published in five months after the statistics agency suspended the survey during the coronavirus outbreak.

In July, the unemployment rate was 5.4%, the statistics agency said. In March, the last period for which the survey was published, the rate was 2.9%.

Mexico’s economy was gradually reactivating in August following a relaxation of measures to contain the coronavirus, resulting in 608,000 people joining the workforce, the statistics agency INEGI said.

Read Full Story

Related Posts

Baja gray whales

Gray whales make the longest trip of their lives to Baja

Gray whales swim from the Arctic to Baja lagoons each winter. Here’s where to watch...
peso today

Mexico’s peso briefly hit 17.98 as traders pile into carry trade

Mexico’s peso hovered near 18 per dollar, briefly hitting 17.98, as carry-trade flows and rate...
San Miguel Guadalupe Day

San Miguel Guadalupe Day turns streets into a sea of faith

San Miguel de Allende marked Guadalupe Day with packed Masses, street processions, and neighborhood celebrations...
Puerto Vallarta buses

Puerto Vallarta buses are coming but is 38 enough?

Jalisco Gov. Pablo Lemus says 38 new buses reach Puerto Vallarta next week, kicking off...