Move To Mexico?

Maybe the unemployed and under-employed should consider moving to Mexico.

Mexican Nominal GDP Up 11.5% In Q2

Mexican nominal gross domestic product rose 11.5% annually at current prices in the second quarter, the statistical office INEGI said Wednesday. At the same time, secondary activities, consisting of mining, electricity, water and supply of gas through pipelines to end users as well as construction and manufacturing, generated 35.3% of the GDP. Meanwhile, trade and services, referred to as tertiary activities, contributed 61.8% during the period.

Mexico Jobless Rate Drops In July

Mexico’s jobless rate dropped in July from the previous month, a report by the statistical office INEGI showed on Wednesday. On an annual basis, the national unemployment rate dropped to 5.7% in July from 6.12% last year. Meanwhile, the underemployment rate increased to 8.5% from 8.3% a year ago.

Tags: Mexican Nominal GDP Mexico’s jobless rate national unemployment rate

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