Jobless Rate

Date Time Left   Event Impact Previous Consensus Actual
Apr 21, 13:00  Jobless Rate 3.4% 3.2%

Jobless Rate

The Jobless Rate released by INEGI is the number of unemployed workers compared to all the active workers in the economy. If the number rises, it indicates a lack of expansion within the Mexican labor market and thus a weakening in the economy. Normally, a decrease in the figure is seen as positive (or bullish) for the Mexican Peso, while an increase is seen as negative (or bearish).



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