Mexico’s Job Market Faces September Setback

In September, Mexico’s job market faced a significant setback, losing 275,986 jobs, primarily in the informal sector. This marked the fifth month of negative growth in 2024, with informal employment accounting for 68% of the losses. Despite this, the unemployment rate decreased slightly from 3.0% to 2.9%, due to a reduction of 81,000 unemployed individuals. […]