According to data presented by the Organization for Economic Co-operation and Development (OECD), they pointed out that youth between the ages of 15 and 24 Mexico faces greater difficulty in finding employment, according to the report of Organization statistics and unemployment corresponding to the month of March.
According to OECD data, this age group is also known as the generation. ‘Century’reports an unemployment rate of 6.3 percent within the Mexican labor market, and a an average of 10.9 percent between the countries that belong to the organization.
“In fact, the unemployment rate in March was below the pre-pandemic rate in two-thirds of the OECD countries, compared to just half of them in February. In addition, the number of Unemployed workers continue to fall in the OECDReach 34.6 million0.9 million below pre-pandemic levels” shared the OECD.
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In case of employees above 25 years of age, the unemployment rate recorded in the country down 2.8 percent During the month of March, it was 3.1 per cent in February, while it was 4.4 per cent in the OECD.
“The decline in the unemployment rate in the OECD region compared to the April 2020 peak should be interpreted with caution as it largely reflects the return of temporarily laid off workers. United States and CanadaWhere they are registered as unemployed, unlike most other countries, including: European member countrieswhere they are registered as employees,” the press release added.
From a general point of view, Mexico’s unemployment rate fell 0.5 points Percentage of February to March to be located in 3.3 percentIt is thus placed among the ten countries with the lowest unemployment rates, below the OECD countries average of 5.1 percent.
“Outside the euro area, the unemployment rate in Mexico fell sharply and more modestly” Canada, Czech Republic, Iceland, Israel, Japan and the United States”, highlighted the report.
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According to the data presented by the agency, Mexico was 1 lakh 959 thousand unemployed workers In the month of March, 17.4 percent less than 20 lakh 372 thousand recorded at the end of 2021. men with a rate of 3.4 percent and among women it was 3.2% in March
Generation with greatest difficulty in employment