Mexico’s Jobs Miracle: Booming Headlines, Fragile Reality

Mexico’s job numbers look stunning at first glance. In October, about 655,500 more people were working, and the official unemployment rate slipped to 2.6%. Out of a labour force of roughly 62.5 million people, around 60.9 million now have a job. On paper, it sounds like a nearshoring fairy tale. Look a little closer, and […]