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Mexico has a relatively large informal sector by OECD standards.
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20-September-2011
English
G20 Labour and Employment Ministerial, Paris 26-27 September 2011
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15-September-2011
Spanish, , 340kb
Si bien la recuperación económica está claramente en marcha en México, la disminución en la tasa de desempleo sigue siendo modesta.
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15-September-2011
English, , 342kb
While the economic recovery is well underway in Mexico, the decline in the unemployment rate has remained modest. Since the start of the crisis, the unemployment rate increased from 3.7% in 2008Q2 to a peak of 5.8 % in 2009Q3. As of 2011Q2, the unemployment rate stands at 5.5%.
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7-July-2010
English, , 186kb
Unemployment in Mexico reached 5.7% in May 2010, a 50% increase from the end of 2007. Although this is a substantial increase comparable to that in the OECD countries on average (48.3%), Mexico’s unemployment rate remains relatively low from an international perspective.
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7-July-2010
Spanish, , 161kb
La tasa de desempleo alcanzó el 5.7% en mayo 2010, con un incremento del 50% desde finales de 2007.
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10-March-2010
English, , 115kb
This note is taken from Chapter 3 of Economic Policy Reforms: Going for Growth 2010.
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While Mexico’s growth performance has gradually improved over the past decades, its convergence toward OECD countries has been less rapid than in several other emerging markets.
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Despite progress over the past two decades Mexico’s health and education indicators remain well below the average of the OECD and some of its Latin American emerging market peers.
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Despite improved fundamentals, Mexico is hit hard by the financial crisis, being exposed to several simultaneous external shocks. A welcome, but weak, stimulus was passed for 2009, and policy will likely need to be supportive also in 2010.
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