China Financial Daily

Mexico Unemployment: The unemployment number in Mexico reached 547.6 thousand people within a year
According to Mexico’s “The Economist” reported on September 7, the Mexican Center for Social Security (IMSS) published data, it reported that from August last year to August of this year, a year’s time, Mexico unemployment number reached 547.6 thousand people, while over the same period, National new jobs are only 31100, the employment situation is still grim.

The center said that the largest unemployed industries are mainly: the automotive industry, manufacturing and electronic manufacturing, the new unemployment numbers were 79 thousand and 79.9 thousand people, an increase of 17.46% and 15.47%. Among them, export trade sector, unemployment is most serious, the main reason is that the U.S. economy continues to slump resulting in declining in domestic demand. According to Mexico’s central bank, it is expected that this year before, the number of unemployed reached the635000-735000 people, the outlook is not optimistic.

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