LatinNews Daily - 30 November 2022

*Mexico’s national statistics institute (Inegi) has published new figures which show that in October the unemployment rate stood at 3.3% of the economically active population – people over the age of 15 who are employed or seeking employment – equating to 2m people. This is slightly up from 3.2% registered in September on seasonally-adjusted figures and is 0.6 percentage points less than in October 2021. According to the Inegi figures, the number of people in Mexico’s economically active population who were employed in October numbered 58.4m – 2m more than in October 2021. According to Inegi, 4.4m people, or 7.5% of the employed population, were underemployed in October 2022, meaning they had the capacity and need to work more hours. This is down from 7.7% in October 2021.

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