Mexico's unemployment rate rises to 3.1% in July

Mexico's unemployment rate rises to 3.1% in July

96.9% of employed among economically active population, according to National Institute of Statistics and Geography

By Ovunc Kutlu

ISTANBUL (AA) - Mexico's unemployment rate increased to 3.1% in July, according to data Thursday from the country’s statistical institute.

The figure was higher than expectations of 2.8%, while it is an increase from 2.7% in June.

The economically active population was 61.4 million in July, which was 1.9 million higher than the same month last year, according to National Institute of Statistics and Geography (INEGI) figures.

In July, 59.5 million people, or 96.9%, were employed among the economically active population. This was 2 million more compared with the same month in 2022.

The unemployed population was 1.9 million in July, figures showed.


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