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LatinNews Daily - 25 March 2021

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In brief: Mexico’s unemployment rises year-on-year

* Mexico’s national statistics institute (Inegi) has released its latest results from the national employment survey (Enoe), which show that unemployment in February remained above pre-coronavirus (Covid-19) pandemic levels, but had improved compared with January. The unemployment rate totalled 4.4% in February, equivalent to 2.4m people, and up 0.8 percentage points on the 3.6% unemployment rate in February 2020. However, it represents an improvement on the 4.7% unemployment rate recorded in January. The under-employment rate stood at 13.9% in February, compared with 8.7% in February 2020.