Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico 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

Park Life brings rental housing to the public market

Park Life brings rental housing to the public market

Park Life’s debut gives Mexico a public-market vehicle for rental housing, a move that could...
puerto vallarta cruises

Puerto Vallarta closes March with 11,668 cruise visitors

Two cruise ships brought 11,668 people to Puerto Vallarta on March 31 as the port...
Mexico’s Public Investment Slump Sends Growth Warning

Mexico’s Public Investment Slump Sends Growth Warning

Mexico’s public investment fell 44.9% through February, driven by energy cuts and Pemex, raising fresh...
Cancún Launches a City Guide Beyond the Hotel Zone

Cancún Launches a City Guide Beyond the Hotel Zone

Todo Cancún combines tourism, culture, sports and downtown routes in one portal as the city...