Campeche unemployment tops list of Mexican states

Proceso.com.mx reports that after eight consecutive months, Tabasco left the top spot in unemployment, and it is now the state of Campeche that occupies that position, according to a report from the Mexican Social Security Institute (IMSS).

The federal IMSS delegate in Tabasco, Karla Pilgram, reported that in the period from February to April employment rose in Tabasco and declined in Campeche, which now ranks first nationally in unemployed persons.

At the close of 2015, Tabasco remained first in unemployment in the country, with 7.6%, almost twice the national unemployment rate of 4.4%.

However, from February to April so far, unemployment fell to 7.1%.

In the fourth quarter of 2015, more than 8,000 jobs were lost in Tabasco.

According to INEGI, until last January Tabasco accumulated eight months in first place nationally in unemployment, mainly due to the world oil price crisis. The decline in crude oil prices has also sharply hit Campeche, which also depends heavily on the oil industry for many of its jobs.

The third quarter of 2015 had no growth of gross domestic product (GDP), and industrial activity, where oil production is located, fell 4.7%.

Unemployment in January reached nearly 2.5 million Mexicans.

Source: proceso.com.mx