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 rate for women was 4.5% and 4.2% for men. For all 34 OECD countries, the unemployment rate at the end of 2015 fell to 6.8% from 7.4% in 2014, the second year of declined unemployment.