OECD Employment Outlook 2011 – How does Mexico compare

While the economic recovery is well underway in Mexico, the decline in the unemployment rate has remained modest. Since the start of the crisis, the unemployment rate increased from 3.7% in 2008Q2 to a peak of 5.8 % in 2009Q3. As of 2011Q2, the unempl…

While the economic recovery is well underway in Mexico, the decline in the unemployment rate has remained modest. Since the start of the crisis, the unemployment rate increased from 3.7% in 2008Q2 to a peak of 5.8 % in 2009Q3. As of 2011Q2, the unemployment rate stands at 5.5%.

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