Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

Mexico among lowest in unemployment

At the close of 2015, the unemployment rate in Mexico was 4.4%, the fourth lowest among the countries of the Organization for Economic Co-operation and Development (OECD), only behind Korea, Japan and Iceland.

According to the international organization, with this result the unemployment rate dropped to a six-year low, from a level of 5.47% in 2009, and was below the OECD average in 2015, 6.8 percent.

According to the report, in 2015 the unemployment rate was 8.7 percent among Mexican youth (15 to 24) and 3.4% for those over 25, while the unemployment . . .

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