Mexico’s Record-Low Unemployment Rate in March: Over 400,000 Jobs Created in the Secondary Sector

March sees increase in employment and decrease in unemployment to record low

In March, Mexico’s unemployment rate reached its lowest level on record at 2.3%, thanks to the creation of over 400,000 jobs in the secondary sector. According to the National Occupation and Employment Survey (ENOE), the employed population in Mexico reached 59 million 818 thousand 274 people, marking an increase of 414 thousand 335 jobs compared to February and 799,994 jobs compared to March 2023.

The gender breakdown of the workforce showed that men accounted for 35.5 million workers, while women made up 24.3 million. Of the employed population, 69.6 percent were subordinate and paid workers, while 21.7 percent worked independently or on their own. Employers or employers made up 5.3 percent of the workforce, and 3.5 percent worked in businesses or on family plots without monetary remuneration.

The services sector employed the largest number of people at 44.4%, followed by commerce at

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