Thursday, March 12, 2015

OECD: México’s has 3rd Lowest Unemployment

by Murry Page
11 Mar 15
mazmessenger.com

The Organization for Economic Cooperation and Development (OECD) reported that for the month of January of this year México had the third lowest unemployment rate of all member countries. It ranked only behind Korea and Japan.

According to information released by the OECD, México’s unemployment rate for January stood at 4.4 percent, up 0.1 percent from the prior month, but well below the OECD average of 7.0 percent for January.

The rate of unemployment among Mexicans between the ages of 15-24 dropped to 8.3 percent in January from the 8.8 percent reported in December. The unemployment rate for those 25 and older rose to 3.5 percent from the 3.3 percent seen in December.

The rate of unemployment for Mexican women was 4.4 percent, while the rate for Mexican men stood at 4.3, both unchanged from last December.

The five OECD countries with the lowest unemployment rates were Korea (3.4 percent), Japan (3.6 percent), México (4.4 percent), Iceland (4.5 percent) and Germany (4.7 percent).

(from Azteca Noticias)

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