Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

Mexico’s Unemployment Rate Down in Second Quarter

Mexico's unemployment rate fell to 4.9 percent of the workforce in the second quarter of 2014, down slightly from 5 percent in the same period of last year, authorities said.

A total of 2.5 million people were out of work in the April-June period in Mexico, whose workforce of 52.1 million people represents 58.6 of the nation's population, the National Institute of Statistics and Geography, or Inegi, said Wednesday.

The underemployed population, or those with the need and willingness to work longer hours than what their current job allows, fell to 8.2 . . .

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