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1.9 million people unemployed in the third quarter of 2017

Mexico's unemployment rate reached 3.6%, the highest rate since the fourth quarter of 2016

Photo: César Gómez/EL UNIVERSAL
14/11/2017 |17:34
Rubén Migueles
Reportero de la sección CarteraVer perfil

In the third quarter of 2017 , Mexico's unemployment rate reached 3.6% representing about 1.9 million unemployed people , the highest rate since the fourth quarter of 2016 according to Mexico's National Institute of Statistics and Geograph y ( Instituto Nacional de Estadística y Geografía abbreviated Inegi ).

On an individual basis, the states that presented the highest unemployment rate were Tabasco (6.9%), Mexico City (5.2%), Baja California Sur (4.6%), State of Mexico (4.4%), Tamaulipas (4.3%), Coahuila (4.2%), Nayarit (4.1%), and Querétaro (4.1%)

The underemployed population which reflects the underutilization of the productive capacity of the employed population reached 3.7 million people representing a 7% rate , compared to the 7.8% rate of 2016 .

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In the third quarter of 2017, about 30 million people were employed in the informal sector representing a 0.4% increase compared to 2016.

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