Mexico's Unemployment is Not Showing Signs of Recovery Market Realist
go to original May 26, 2013

While it may not come as a surprise, the worsening unemployment means the economy is not improving.

Unemployment is a key indicator of economic health. It is a lagging indicator, and that means it is better at confirming trends, especially downward trends, since unemployment rises faster than it falls.

After the tease drop in February, Mexico’s unemployment continued to rise in March and April. The unemployment rate is currently at 5.14%, which is lower than the 5.22% in January, but follows two consecutive increases after having dropped to 4.74% in February.

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