Mexico's unemployment rate increased more than economists expected in April, latest data showed Friday.
The unemployment rate, on an unadjusted basis, increased to 5.04 percent in April from 4.51 percent in March, statistical office INEGI said. Economists were looking for a figure of 4.67 percent. In April 2012, the jobless rate was 4.86 percent.
On a seasonally adjusted basis, the unemployment rate was 5.14 percent in April, 0.11 percentage points higher than in the previous month, data showed.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.