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Mexican jobless rate falls to 4.2 percent in September

The finance ministry expects the economy to grow around 2.4 percent this year.

(Photo: Archive/El Universal)
English 24/10/2015 13:07 Reuters Actualizada 13:07

Mexico's jobless rate fell last month, raising hopes for a rebound in consumption in Latin America's No. 2 economy, though unemployment still remained above levels prior to the global financial crisis.

Mexico's seasonally adjusted unemployment rate was 4.2 percent in September, the national statistics agency said on Friday.

The unadjusted rate dropped to 4.50, below expectations of 4.65 percent in a Reuters poll.

The finance ministry expects the economy to grow around 2.4 percent this year.

The economy expanded 2.1 percent in 2014.
 

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jobless México economy rate September

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