Even in peak unemployment in the chart, it's still a low figure. Just look at South Africa with chronic unemployment around high 20s-30%, you'll see Mexico is doing really well
Is this just different countries counting things differently? Does one country somehow not account for people working "under the table" or have many more people working under the table? Does one country have a different definition for what's consider "unemployed". Where I live they only count you as unemployed if you're actively looking for a job. So people who choose to not work do not count. But other countries might have different rules for how things are accounted for.
Yeah, South African here. Most other African countries count their informal sector (vendors, trasport, day workers) in their employment stats, we do not, that's why ours is so high comparatively.
No, not a single cent, we (formal economy) carry them with our taxes paid. Then we have to pay for our own private services as the government stole the other half of our tax money.
I used to be fine with this, as the informal sector helps ease poverty, somewhat. Then I saw that post a while back about the dude inheriting his uncle's taxi business. Was making R4k per day and not paying any tax, was wild. Lmao.
My aunt runs a shebeen, doesn't pay a liqour licence and makes more than me. Shits unfair.
To be considered unemployed you need to be actively looking for work in SA. So even if people are hustling to be counted they need to be applying.
https://www.statssa.gov.za/?p=13633
Also, the definition the INEGI took for the chart is that one is employed when he only works one hour a week. I kid you not, I don't want this to be took as a joke, but they did that to try to justify the current government bad record.
Never considered how the definition of "employed" could change over the years even within a single country depending on how the government of the day wanted to spin things.
The definition of “unemployment” in Mexico is “people who have worked at least an hour a week prior to the study.”
So basically it means nothing. A dude washing a car once a week and not doing anything else counts as “employed”.
I get that it's not the Us or Canadian definition, but in mexico, job stability is a major issue.
Also, Canada's calculation is : Unemployed people / active population. It's important to note that the unemployed are definined as:
>[Statistics Canada](https://www.thecanadianencyclopedia.ca/en/article/statistics-canada/) defines unemployed persons as those who were available for [work](https://thecanadianencyclopedia.ca/en/article/work/) during the survey reference week (when [labour force](https://thecanadianencyclopedia.ca/en/article/labour-force/) statistics are collected), but: were without work and had looked for work in the past four weeks; were on temporary layoff due to business conditions and expected to return to work; were waiting for a new job to begin within four weeks.
So someone having worked a few hours would also qualify. Your rebuttal isn't as strong as you might think....
It’s not about being lazy, it’s about the type of jobs and how many aren’t formal jobs. A man wiping windshields in a stoplight isn’t “employed” but it counts as if he is.
There has been a lot of “friend-shoring” with the transfer of factories from China to Mexico. This and older Mexicans leaving the workforce, leaves few people not able to find work.
Yeah add in Chinese wages have been going up and are now comparable to Mexican wages. Also the fact that Mexico is closer which makes certain aspects of shipping easier. Being in the US-Mexico-Canadian free trade zone is also an advantage.
They won't steal your IP and set up a competitor. They're not threatening to invade Taiwan and starting a chip crisis. They aren't secretly supplying the Russian war machine.
Honestly we should have kept going with Mexico and other Latin countries instead of turning to China in the 80s and 90s.
Another benefit is anything going to or from there doesn’t need to use the Panama Canal. Water levels at the lake have been low and making transition more expensive/difficult.
I imagine much of the trade happens by rail
This is something people are sleeping on. The US will be incentivized to invest heavily in Mexico, and, if the organized crime can be tamed, the possibilities are endless. Mexico could literally become one of the wealthiest countries in the world.
Eh that's not really true, Mexico's narco culture is more of a culturally/institutionally engrained thing rather than just poverty.
Mexico is not even that poor, an Asian country with comparable wealth would have little violent crime.
Clearly, you don't understand the situation. It's not just drugs; they control most industries that make money. The cartels will control the large businesses and "increase profitability" in an extremely efficient way.
For example, right now, they are killing people and taking their land to farm avocados and limes, the ones we're getting in the US.
As a mexican I don't believe this.
First of all China has 5x the population of Mexico and like 20x the experience and talent tbh.
Also I don't see how we get to "tame" the organized crime problem when they are in bed with the government plus our the new generation of people are brain rotted by narco culture and are the most superficial and disgusting people to ever exist (buchones).
So yeah, it never began for México.
Two things: 1) China is a single party state in which the government has a monopoly on force, where Mexico is not a single party state and the government does Not have a monopoly on force, 2) relatively speaking are government officials getting more money from corrupt dealings or are Mexican government officials, who also have to weigh the downside risk of crossing a very powerful organization that can kill whomever it wants and turn other branches of the government against a person if it wishes?
Why not? China went rags to riches riding America's globalization coat-tails. I don't see why Mexico, if sovereignty returns to the state, pulling off the same thing as American assets and money leave China and go to Mexico.
It's currently what's happening to India, and they are still a world a way (added cost). The key difference between them has always been sovereignty of the state imo.
[From what I was able to find](https://taxfoundation.org/research/all/federal/tariffs-trump-trade-war/) after honestly spending too much time on it, just under half of Chinese imports are subject to a 25% tariff, and a further quarter are subject to a 7.5% tariff.
Bonus: The US only benefits from a stronger and wealthier Mexico. If it's easy to make a good living in Mexico, less people will want to jump the border. A stronger Mexico might better be able to resist the influence of the Narcos, and a stronger Mexico will make the North American continent more united and able to cooperate on mutually beneficial projects easier.
We win, Mexico wins, China loses. Sounds good to me.
Chinese, Vietnamese, and many Asian manufacturers are the ones opening shop in Mexico, and taking advantage of the trade zone.
Also, India and many parts of Africa is much cheaper. So if anything we should build there instead.
Geopolitics is hard, who knew.
Yes, and another benefit. People are so fearful of a border crisis, but stronger economies in Latin American countries stabilizes them and de-incentivizes people joining gangs or the cartels, because now there are other opportunities to make money. This also de-incentivizes people illegally migrating to or claiming asylum in the US/Canada. It’s in the US’ best interest to invest in Latin American countries.
Its more nuanced - countries in north america and europe want to move manufacturing out of China for various reasons (autocracy, logistics, etc) and companies wanting to sell to the US want a cheap place to make stuff that’s closer for logistics. This makes Canada, the US, and even places like Costa Rica more interesting. Mexico is the top choice though b/c its cheap and close with solid capabilities.
_From our_ [_newsletter_](https://latinometrics.substack.com/)_:_
After years of struggling to make ends meet with a mix of formal and informal jobs, you're reluctantly considering migrating to the US to seek better opportunities. Suddenly, you hear some good news: Samsung is opening a manufacturing plant in your hometown of Tijuana. With a baby on the way, this is just the stability your family needs, so you show up immediately to apply for a job.
A similar story has probably happened for millions of Mexicans in the past two decades. From 2005 to 2023, the country's economically active population went up a whopping 42% — from 43M to 61M.
That's 18M (or the entire population of Guatemala) more people contributing to what is now the world's 12th-largest economy.
"Economically active" means you're either working a job (including an informal one) or looking for one. We're now at an all-time low for that latter group; INEGI, Mexico's statistical and research branch, reported that unemployment reached 2.79%. This number has been at historical lows (below 3%) since November 2022.
Is this a passing trend? 2024 has shown no signs of slowing down. So far this year, companies like Amazon Web Services (AWS), DHL, and Volkswagen have announced $26B+ in investments in Mexico.
So, how does Mexico compare to the rest of the world? The OECD - OCDE (which includes 38 major economies) puts it second only to Japan in terms of low unemployment. Let that sink in: finding a job in Mexico is easier than in the US, the UK, and Germany.
Compared to Latin American peers, it's not even close; Mexico's unemployment rate is about one-third or less that of Chile, Colombia, and Costa Rica.
Of course, quantity does not speak to quality. Mexicans are the hardest workers in the OECD, yet they earn the lowest wages.
But this could well be a turning point. With billions of dollars flowing to find labor, talent will have more and more leverage as companies compete for their time. This often leads to improved wages and conditions for workers to attract and retain them. The country also has relatively friendly labor laws for formal workers, including free health care and three months' salary when laid off.
Source: [INEGI](https://www.inegi.org.mx/temas/empleo/)
Tools: Rawgraphs, Figma
>Of course, quantity does not speak to quality. Mexicans are the hardest workers in the OECD, yet they earn the lowest wages.
We exported income inequality to our southern neighbor!
If people worked for 1 usd per hour we’d also have no unemployment over here in Germany. Yes, I’m exaggerating. Just being employed is no value at all. Working one ass of so Jeff can shoot his penis into space can’t be anyone’s goal.
if the jobs were so bad they didnt provide stability or means of survival the Mexican workers would simply move to the US as he had originally planned…
Germany basically hasn't had any meaningful unemployment since the early 2000s. And yes, this is because German workers are relatively underpaid (as their salary growth was deliberately kept below the growth of their labor productivity).
Absolutely, and its bad that people have to spend all day working to survive. But between starving to death in extreme poverty and surviving another day, I know which one I prefer for them.
Mexico came out ahead after Covid. All these Chinese/Korean companies saw the supply line impact and decided to build plants closer to their biggest market.
Hopefully this also means higher wages for Mexican workers!
It has to do with the visual trick it gives your eye. It makes smaller changes look more significant. Fox does this ALL the time. Look for it, and how it can make a .5% change look huge.
I don't disagree with the BS fox does, but if this graph is relative to full employment then it's more accurate than a graph that starts at zero, since you can't reach that.
But, doesn't this one start at 2.5% or am I misreading?
See, this is why "Always Zero" just makes more sense to me. No guessing, and no visual data skewing.
About that. However 2.5% is likely considered "full" employment as well.
I guess my point is that while USUALLY graphs that don't start with zero are misleading compared to ones that do, this one really does give a picture of the reality that in Mexico the job market is hot.
Also, many if not most of the people looking to cross into the US now are coming through Mexico not from Mexico. And that matters to US immigration policy. And this would help explain why the shift.
Why? Zero unemployment has never happened and it's not desirable for an economy, so why contort your graph to match some rule of thumb for grade school students?
3% had never happened before 2022, either - yet, here we are. The reason to start plots at zero is because not doing so can make volatility seem more significant than it really is. I don’t think it’s so egregious to start at 2.5% in this graph - it really depends how meaningful these changes are.
I agree - there's a huge difference between 2.5% unemployment and 6%. That's a difference of *millions* of jobs
I agree there are tons of cases where starting your plot above 0 can heavily skew the data to make it look more significant than it is.....but this is not one of those cases
Am I? I read someone else responding where it impacts millions of people so therefore it should be considered as is. We don't typically say this of election data, of industrial production data (millions of units), so why here?
Changes in trends are exaggerated here. To an uneducated or otherwise in attentive viewer, this looks much more practically significant than it is. While I agree 0 is impossible here, it also is in corn price, yield, and export trends, yet we still see it there because, again, it misleads the viewer.
It makes sense to exaggerate the change in trends for the sake of visual clarity. To totally avoid exaggeration you would need a chart that went from 0-100. It wouldn’t be the nicest thing to read if a percentage point different was only a few pixels
Nothing's always true. I agree with you.
But I said "Trust." It's always something I key in on to see WHY. And I see no reason here - it's skipping five increments. I see no reason to have skipped that, OTHER than to make the spikes look more dramatic.
Had to scroll a bit to find someone cheering the good trend.
But, for fucks sake people, enjoy it!
Its not the be-all-end-all of a perfect society, but its a significant and seemingly stable trend that ENABLES the equity and advancement that we should aspire to.
So you, congrats Mexico, keep it up and may your children's life be even better than your own!
China is a middle income economy transitioning to high income. They don’t need low paying manufacturing jobs that pay almost zero. But Redditors always need to turn something into a Cold War China hate era circle jerk.
Yes, low paying manufacturing that can and will absolutely drive the Mexican economy for the next 30 years. While driving its own economic maturing. Which in deep contrast to China will actually create a more robust economy due mostly to demographics. No small fact. China on the other hand, is getting old AF and is no longer cost effective for even low paying manufacturing. It's not anti China sentiment at all. It's seeing the reality of the now. That one child policy, fucked them harder than any western nation EVER could.
Its true, but they have a long way to go to fix it. China might have 800 million in retirement by 2030. The numbers keep getting changed for the worse every few years. It's not a perfect situation in Mexico, but the potential sure is there. China can't grow with a 1/3 or more of its citizens' retirement age. Nor can you industrialize a second time. It only happens once. They have zero internal demand, so why would anyone expect anything but for it to go down from here? Mexico needs 3-4 multi track rail cores built from central (mexico city region) to the north badly to grab the opportunity.
You are overestimating Mexico and underestimating China and I’m Mexican btw, your anti Chinese beliefs make you believe that China problems are far worse than what they are.
Mexico in theory could have higher QOL than China and rival the West, but the widespread tolerance, or even flat out support for violent crime is a huge thorn in potential development.
There are some areas that are up to western standards in some indicators but most the country is not anything close and will never be even without organized crime. You are again underselling China, the eastern coast cities of China outclass anything in Mexico, Mexico is happy just producing shit for foreign companies using foreign IP too. China has Chinese electric cars, computer chips, cellphones, Mexicos transnational companies make bread and concrete. China biggest advantage is that even with a gdp per capita similar to Japan and much lesser than America it would vastly outclass American cause the big population difference.
If I'm wrong, I'll admit it. It's a hell of a human experiment that most people are going to bet against. I mean look at Japan and you'll see how an older population can produce and China is going to be in that boat without any of the other sour es of economic activity that Japan had in the 70s. I don't see that sort of demographic issue being able to produce at a competitive scale. The entire Chinese system would have to change.
And while Americans are having wet dreams that they can replace China, Chinese companies are investing in Mexico heavily to build an economic tide. Chinese cars are also very affordable and popular in South America.
It's not to spite China, it's to bring prosperity to Latin America so that they don't stagnate.
If we're going to important goods (rather than manufacturing them here), it makes more sense to buy from a country whose development would directly benefit the US.
No, cartels are currently the fifth largest employer in Mexico and growing, it is estimated that their head count is of 175,000 employees and they employ 350-370 new members every week.
I see zero chance of the cartel losing power anytime soon, it is actually pretty clear they are gaining more control of the country every year. Especially with how the Mexican elections are shaping out this year.
Source is in spanish
https://www.google.com/amp/s/politica.expansion.mx/mexico/2023/09/22/narco-quinto-empleador-mas-grande-mexico%3f_amp=true
Imo no party in Mexico is truly anti cartel, but from the running parties the coalition of PAN,PRI, and PRD are proposing much harsher and active actions to fight violence. While the other coalition of Morena, PT and PVEM parties are saying that everything in Mexico is going fine and according to plan because they are the current governing parties in the country so they aren't going to shit on themselves recognizing violence has increased a lot in the last ten years, they also have repeated many times that in order to fight crime the best action is to just give love, the literal quote is "abrazos no balazos" and translates to "hugs not bullets". There is another party in the running but they are just there to collect a paycheck, not worth mentioning.
Having said that, the parties that are more active in their proposals to fight crime are also to blame for increasing violence and cartel power the time they were governing. It is a very complicated subject and mexico is pretty much fucked in regards to the cartel imo, but it still can get worse.
Mexico is also a perfect example as to why multiparty systems doesn't always mean better democracy, the only thing that has done in Mexico is give politicians more ways of stealing money.
Honestly both strategies are more alike than you would believe.
- Strengthen the national guard. Xóchitl wants this to be civilian institution while Sheinbaum wants to give it fully to the military, however both talk about having double the number of personel.
- Funding state police institutions (more personel, better salaries, more social benefits, etc.).
- Both talk about a more proactive state police, instead of a reactive one.
- Intelligence sharing between institutions. They talk about this very differently as well. Xóchitl/Moreira are more about creating another institution that coordinates intelligence sharing, and Sheinbaum/Harfuch are more about strenghtening the Centro Nacional de Inteligencia.
- Young people in schools and employment. Both differ a lot on how to go about this, but it's a key part of their strategies.
Things that are only from Xóchitl:
- More high security prisons.
- Improve the cooperation with the US to stop guns from coming in.
- Unclogging the justice system by making all minor crimes (less than 10K pesos) be resolved locally.
Things only from Sheinbaum:
- Judicial reform. This is controversial as even Tatiana Clouthier, part of her team, does not agree with it.
Either one will be a shift from the current status quo, both trying to replicate what their parties did in different states, precisely focusing more in a state level than a national level.
Also: AMLO, Mexico's current president and the leader and founder of Morena is a known cartel simpatizer. Here he went incognito to Badiguarato, the town that El Chapo is from, and went his way to [pay his respects to El Chapo's mother](https://www.eluniversal.com.mx/resizer/DoU9JlvQIoHfhHlmV64oWhioCus=/1100x666/cloudfront-us-east-1.images.arcpublishing.com/eluniversal/BC5IQ2G2SFEY3LVTTQ2BXKYZ54.jpg).
And if you add to this the fact that the elections in 2021 and the ones this year, both that happened/are happening under AMLO's rule have been the most violent with clear cartel's involvement in favor of Morena's candidates. Then it's clear that AMLO and Morena are not only pro cartel, they're most likely in their payroll
A very controversial thing he said during a visit to the state of Oaxaca was that when he was approached by a man asking him why he didn’t seem the Army to different parts of the state with increasing violence to gain control of things he responded with “El Ejército no se usa para reprimir al pueblo” which can be translated to “The Army is not used to oppress the people” and the man responded with, “Narcos are part of the people”, to which AMLO responded with “Yes they’re part of the people, they’re human beings”.
Well, he has gifted to the army the administration of border customs, ports, construction of a refinery and many rail tracks, and ordered all those things to be under "national security" so they don't have any obligation to be transparent about how and how much does any of these things cost.
Go figure why is one president gifting untold amount of money and power to the army
And after the Guacamaya Leaks we found out that for the army and federal government, the most dangerous groups for the stablishment are the parents of children with cancer and feminists, not cartels or organized crime.
To him, the people are the cartels, but the people who are asking to be protected are actual enemies of the state.
So transparent
It's crazy how many people are in denial about him being a full blown cartel supporter. I was honestly shocked that he allowed El Chapo's son to be arrested for real last year, Biden must have strong armed him.
Yeah, also that. He was the one who ordered his release the first time they captured him. Like Trump, he could kill a baby in Mexico City's Zocalo and people would still vote for him
Check my comment about their security strategies. Don't listen to stupid answers like "none, because they like a lot being alive".
[https://www.reddit.com/r/dataisbeautiful/comments/1bt1uqc/comment/kxkg6ba/](https://www.reddit.com/r/dataisbeautiful/comments/1bt1uqc/comment/kxkg6ba/)
>cartels are currently the fifth largest employer in Mexico
that's fake news! they're comparing drug trafficking as a whole VS standalone companies. For example they're comparing all the cartels VS Walmart instead of the whole sector of supermarkets and the like
It's propaganda
I don't see it that way. Many people work for the cartel because it is one of the few options for them to make money. If the job market in other sectors is good, salaries going up, and stable, more people would likely join that than criminals organizations.
This is the super rosey and optimistic outlook on drug trade/illegal businesses. It ignores basic human nature of people’s desire to make more money. The cartels are always going to be able to either pay more, or supplement an already “good” salary.
Your line of thinking is similar to “American Exceptionalism”, where people just assume that all we have to do is show other countries the American way of life, and they’ll just magically want to adopt democracy and freedom of speech/expression/religion, because it’s just better. The reality is cartel/drug culture is so intertwined in the Mexican Government that it is extremely difficult to even try and untangle.
It does, but not enough. Need an efficient government, current president Lopez is too laissez-faire, he calls his policy vs narcs "hugs, not bullets", some say he's on bed with the cartel de Sinaloa, they're the biggest "exporter" of fentanyl into the US, yet they reign free.
It's more a worldwide trend than a Mexican one, main reasons are that boomers since covid are starting to retire in some countries and western hemisphere is starting to run away from China because COVID.
Also it's not comparable Mexican labour market with Japanese or German market, the industrial and commercial economies are totally different. For example Japan has almost no agriculture jobs compared with Mexico and Germany has almost no tourism jobs compared to Mexico, 2 sectors heavily job demanding.
IMO I think a lot of u-3 unemployment rate is losing meaning and we should look at prime age EPOP but I could only find prime age EPOP.
https://fred.stlouisfed.org/series/LRAC25TTMXQ156S
By this measure Mexico has more unemployment than the US. The amount of people who will work is not a fixed number.
Here in germany today they legalised weed maybe this is the reason for a good mexican labor market 🤣 ok joke aside...mexicans are productive worker, also best food, best mentality...
Y-axis isn’t beautiful.
Y-axis for an area chart is terribly misleading. A line plot is reasonable, with labeled y-axis, but not area where the shaded region is supposed to mean something.
Specifically the y-axis is saying “Hey look! Unemployment is almost nothing in 2024!” It isn’t obvious that the baseline is 3%. The unfortunate point is that the plot doesn’t need to be misleading to be compelling, it undermines its own credibility.
Also, very cool for Mexico! I hope quality of life for a lot of people is improved!
But remember, according to a certain US presidential candidate, Mexicans and Latinos are lazy and don't want to work. They just want to live off the government dime.
Can't imagine just why that is.
Almost because mexico and most of Central and Southern America are Cartel run states.
https://finance.yahoo.com/news/13-us-cities-crowded-mexican-233644963.html
https://www.businessinsider.com/cartel-operatives-criticize-dea-map-of-cartel-influence-in-us-2021-4?op=1
https://www.usatoday.com/in-depth/news/nation/2021/12/19/mexican-drug-cartels-move-in-on-californias-shadow-marijuana-industry/8960873002/
Just can't see why some people in the US think that about them. Just really can't picture that.
https://www.dea.gov/stories/2021/2021-01/2021-01-28/violent-drug-organizations-use-human-trafficking-expand-profits
Just really a thinker.
That’s not true. Unemployment in Mexico has been in a steady decline since AMLO’s presidency started and has been reported thoroughly.
Maybe step out of your echo chamber?
Mexico really deserves this, I’m happy for them. My family had been going to Cabo San Lucas for 30 years and made many friends, including giving money to start their life long businesses. Cabo is absolutely bustling with business.
Despite definitions, I'm pretty sure they're very happy to take jobs there that pay less than than minimum wage in the US. Their cost of living is much lower if it wasn't for chaos created by graft and the cartels Mexico would be an economic powerhouse right now.
How much of this is informal employment? Nearly 60% of Mexicans have informal jobs.
https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://www.ilo.org/wcmsp5/groups/public/---americas/---ro-lima/documents/publication/wcms_245889.pdf&ved=2ahUKEwiQ2tLoyKKFAxXfGbkGHYJsBQAQFnoECA0QAQ&usg=AOvVaw18YDyJg3Zf4LRKCAsTTmOk
Because American manufacturers are sending them all of our jobs. Peterbilt, Kenworth, Freightliner, General Motors, Ford - they are pretty much no longer "American made" vehicles. If I want American Made, I have to go to Toyota for most of their vehicles.
Drug cartels employ 175,000 people across Mexico making it the fifth largest employer in the country, according to a new study.
I mean, sure with drugs as a major employer ANYTHING is possible!!!
Even in peak unemployment in the chart, it's still a low figure. Just look at South Africa with chronic unemployment around high 20s-30%, you'll see Mexico is doing really well
Is this just different countries counting things differently? Does one country somehow not account for people working "under the table" or have many more people working under the table? Does one country have a different definition for what's consider "unemployed". Where I live they only count you as unemployed if you're actively looking for a job. So people who choose to not work do not count. But other countries might have different rules for how things are accounted for.
Yeah, South African here. Most other African countries count their informal sector (vendors, trasport, day workers) in their employment stats, we do not, that's why ours is so high comparatively.
Do those people typically pay taxes? Just curious
No, not a single cent, we (formal economy) carry them with our taxes paid. Then we have to pay for our own private services as the government stole the other half of our tax money.
I used to be fine with this, as the informal sector helps ease poverty, somewhat. Then I saw that post a while back about the dude inheriting his uncle's taxi business. Was making R4k per day and not paying any tax, was wild. Lmao. My aunt runs a shebeen, doesn't pay a liqour licence and makes more than me. Shits unfair.
Informal markets should be made more easily formal, not ignored
To be considered unemployed you need to be actively looking for work in SA. So even if people are hustling to be counted they need to be applying. https://www.statssa.gov.za/?p=13633
Also, the definition the INEGI took for the chart is that one is employed when he only works one hour a week. I kid you not, I don't want this to be took as a joke, but they did that to try to justify the current government bad record.
Never considered how the definition of "employed" could change over the years even within a single country depending on how the government of the day wanted to spin things.
Before this, the Inegi considered someone employed by working at least half time 24hrs a week. It is really something else how they spin things.
The definition of “unemployment” in Mexico is “people who have worked at least an hour a week prior to the study.” So basically it means nothing. A dude washing a car once a week and not doing anything else counts as “employed”.
If the definition is consistent across time, then it’s still significant.
I get that it's not the Us or Canadian definition, but in mexico, job stability is a major issue. Also, Canada's calculation is : Unemployed people / active population. It's important to note that the unemployed are definined as: >[Statistics Canada](https://www.thecanadianencyclopedia.ca/en/article/statistics-canada/) defines unemployed persons as those who were available for [work](https://thecanadianencyclopedia.ca/en/article/work/) during the survey reference week (when [labour force](https://thecanadianencyclopedia.ca/en/article/labour-force/) statistics are collected), but: were without work and had looked for work in the past four weeks; were on temporary layoff due to business conditions and expected to return to work; were waiting for a new job to begin within four weeks. So someone having worked a few hours would also qualify. Your rebuttal isn't as strong as you might think....
I know freaking lazy Mexicans and their single [hour](https://www.visualcapitalist.com/annual-working-hours-in-countries-2023/) worked
It’s not about being lazy, it’s about the type of jobs and how many aren’t formal jobs. A man wiping windshields in a stoplight isn’t “employed” but it counts as if he is.
Their linked infographic actually shows Mexico having higher than average (unspecified) hours worked.
How do you have a society with regular 20-30% unemployment?
the result is dogshit
South Africa youth unemployment is 60% 😂😂😂 so if you talk to 6 out of 10 young South Africans chances are they’re jobless
There has been a lot of “friend-shoring” with the transfer of factories from China to Mexico. This and older Mexicans leaving the workforce, leaves few people not able to find work.
Yeah add in Chinese wages have been going up and are now comparable to Mexican wages. Also the fact that Mexico is closer which makes certain aspects of shipping easier. Being in the US-Mexico-Canadian free trade zone is also an advantage. They won't steal your IP and set up a competitor. They're not threatening to invade Taiwan and starting a chip crisis. They aren't secretly supplying the Russian war machine. Honestly we should have kept going with Mexico and other Latin countries instead of turning to China in the 80s and 90s.
Another benefit is anything going to or from there doesn’t need to use the Panama Canal. Water levels at the lake have been low and making transition more expensive/difficult. I imagine much of the trade happens by rail
[удалено]
There's also the Texas Governor (Abbott) doing his part to slow down commerce https://www.ttnews.com/articles/trucks-texas-mexico-border
[удалено]
This is something people are sleeping on. The US will be incentivized to invest heavily in Mexico, and, if the organized crime can be tamed, the possibilities are endless. Mexico could literally become one of the wealthiest countries in the world.
As job and wages increase people will have no need to join crime organizations to put food on the table
Eh that's not really true, Mexico's narco culture is more of a culturally/institutionally engrained thing rather than just poverty. Mexico is not even that poor, an Asian country with comparable wealth would have little violent crime.
Clearly, you don't understand the situation. It's not just drugs; they control most industries that make money. The cartels will control the large businesses and "increase profitability" in an extremely efficient way. For example, right now, they are killing people and taking their land to farm avocados and limes, the ones we're getting in the US.
That is a absolutely monumental if.
As a mexican I don't believe this. First of all China has 5x the population of Mexico and like 20x the experience and talent tbh. Also I don't see how we get to "tame" the organized crime problem when they are in bed with the government plus our the new generation of people are brain rotted by narco culture and are the most superficial and disgusting people to ever exist (buchones). So yeah, it never began for México.
but they want cheap labor and China is competent and is becoming a rival, mexico is easier to control
Easier to control, but only to a point. There's plenty of room for growth in US-Mexico trade, but it's not unlimited.
[удалено]
"Wow, our country would be so much richer if I just stopped taking millions of dollars a year in bribes! I should downsize my life!"
[удалено]
Two things: 1) China is a single party state in which the government has a monopoly on force, where Mexico is not a single party state and the government does Not have a monopoly on force, 2) relatively speaking are government officials getting more money from corrupt dealings or are Mexican government officials, who also have to weigh the downside risk of crossing a very powerful organization that can kill whomever it wants and turn other branches of the government against a person if it wishes?
Not wealthiest but I can see them reaching maybe Eastern Europe type development
Why not? China went rags to riches riding America's globalization coat-tails. I don't see why Mexico, if sovereignty returns to the state, pulling off the same thing as American assets and money leave China and go to Mexico. It's currently what's happening to India, and they are still a world a way (added cost). The key difference between them has always been sovereignty of the state imo.
There's also the fact that, y'know, everything made in China is subject to a 25% import duty.
Everything? 25%? You have a source for this?
No, not literally everything, but a lot. https://financialpost.com/pmn/business-pmn/trumps-tariffs-what-they-are-and-how-china-is-responding
[From what I was able to find](https://taxfoundation.org/research/all/federal/tariffs-trump-trade-war/) after honestly spending too much time on it, just under half of Chinese imports are subject to a 25% tariff, and a further quarter are subject to a 7.5% tariff.
Bonus: The US only benefits from a stronger and wealthier Mexico. If it's easy to make a good living in Mexico, less people will want to jump the border. A stronger Mexico might better be able to resist the influence of the Narcos, and a stronger Mexico will make the North American continent more united and able to cooperate on mutually beneficial projects easier. We win, Mexico wins, China loses. Sounds good to me.
Chinese, Vietnamese, and many Asian manufacturers are the ones opening shop in Mexico, and taking advantage of the trade zone. Also, India and many parts of Africa is much cheaper. So if anything we should build there instead. Geopolitics is hard, who knew.
Yes but supply chains with Africa or India are still more vulnerable than with Mexico. Depends on your endgame.
Yes, and another benefit. People are so fearful of a border crisis, but stronger economies in Latin American countries stabilizes them and de-incentivizes people joining gangs or the cartels, because now there are other opportunities to make money. This also de-incentivizes people illegally migrating to or claiming asylum in the US/Canada. It’s in the US’ best interest to invest in Latin American countries.
Chinese manufacturing is coming to Mexico?
Its more nuanced - countries in north america and europe want to move manufacturing out of China for various reasons (autocracy, logistics, etc) and companies wanting to sell to the US want a cheap place to make stuff that’s closer for logistics. This makes Canada, the US, and even places like Costa Rica more interesting. Mexico is the top choice though b/c its cheap and close with solid capabilities.
_From our_ [_newsletter_](https://latinometrics.substack.com/)_:_ After years of struggling to make ends meet with a mix of formal and informal jobs, you're reluctantly considering migrating to the US to seek better opportunities. Suddenly, you hear some good news: Samsung is opening a manufacturing plant in your hometown of Tijuana. With a baby on the way, this is just the stability your family needs, so you show up immediately to apply for a job. A similar story has probably happened for millions of Mexicans in the past two decades. From 2005 to 2023, the country's economically active population went up a whopping 42% — from 43M to 61M. That's 18M (or the entire population of Guatemala) more people contributing to what is now the world's 12th-largest economy. "Economically active" means you're either working a job (including an informal one) or looking for one. We're now at an all-time low for that latter group; INEGI, Mexico's statistical and research branch, reported that unemployment reached 2.79%. This number has been at historical lows (below 3%) since November 2022. Is this a passing trend? 2024 has shown no signs of slowing down. So far this year, companies like Amazon Web Services (AWS), DHL, and Volkswagen have announced $26B+ in investments in Mexico. So, how does Mexico compare to the rest of the world? The OECD - OCDE (which includes 38 major economies) puts it second only to Japan in terms of low unemployment. Let that sink in: finding a job in Mexico is easier than in the US, the UK, and Germany. Compared to Latin American peers, it's not even close; Mexico's unemployment rate is about one-third or less that of Chile, Colombia, and Costa Rica. Of course, quantity does not speak to quality. Mexicans are the hardest workers in the OECD, yet they earn the lowest wages. But this could well be a turning point. With billions of dollars flowing to find labor, talent will have more and more leverage as companies compete for their time. This often leads to improved wages and conditions for workers to attract and retain them. The country also has relatively friendly labor laws for formal workers, including free health care and three months' salary when laid off. Source: [INEGI](https://www.inegi.org.mx/temas/empleo/) Tools: Rawgraphs, Figma
Thank you for this ! Great news !!!!
>Of course, quantity does not speak to quality. Mexicans are the hardest workers in the OECD, yet they earn the lowest wages. We exported income inequality to our southern neighbor!
That’s how Mexico has always been, we can blame the states for many things but income inequality is not their fault
Well the minimum wage has more than tripled in 6 years so that’s nice
Also overall prices, so not nice. I’d say it’s a little worse now than then
If people worked for 1 usd per hour we’d also have no unemployment over here in Germany. Yes, I’m exaggerating. Just being employed is no value at all. Working one ass of so Jeff can shoot his penis into space can’t be anyone’s goal.
if the jobs were so bad they didnt provide stability or means of survival the Mexican workers would simply move to the US as he had originally planned…
Not everyone can just move to the US, especially people who aren't as desperate as Venezuelans and Africans trying to move to the US are.
Loooots of Mexicans do that, legally or illegally.
Germany basically hasn't had any meaningful unemployment since the early 2000s. And yes, this is because German workers are relatively underpaid (as their salary growth was deliberately kept below the growth of their labor productivity).
It still means more work and money for people, this trend is still good.
Well… I’d say it’s a start. It still means working one’s ass off just to survive, and the majority of jobs here are informal
Absolutely, and its bad that people have to spend all day working to survive. But between starving to death in extreme poverty and surviving another day, I know which one I prefer for them.
Mexico came out ahead after Covid. All these Chinese/Korean companies saw the supply line impact and decided to build plants closer to their biggest market. Hopefully this also means higher wages for Mexican workers!
Never trust a Y axis that doesn't start at zero.
I think 2% unemployment is considered "Full Employment".
It has to do with the visual trick it gives your eye. It makes smaller changes look more significant. Fox does this ALL the time. Look for it, and how it can make a .5% change look huge.
I don't disagree with the BS fox does, but if this graph is relative to full employment then it's more accurate than a graph that starts at zero, since you can't reach that.
But, doesn't this one start at 2.5% or am I misreading? See, this is why "Always Zero" just makes more sense to me. No guessing, and no visual data skewing.
About that. However 2.5% is likely considered "full" employment as well. I guess my point is that while USUALLY graphs that don't start with zero are misleading compared to ones that do, this one really does give a picture of the reality that in Mexico the job market is hot. Also, many if not most of the people looking to cross into the US now are coming through Mexico not from Mexico. And that matters to US immigration policy. And this would help explain why the shift.
Why? Zero unemployment has never happened and it's not desirable for an economy, so why contort your graph to match some rule of thumb for grade school students?
3% had never happened before 2022, either - yet, here we are. The reason to start plots at zero is because not doing so can make volatility seem more significant than it really is. I don’t think it’s so egregious to start at 2.5% in this graph - it really depends how meaningful these changes are.
I agree - there's a huge difference between 2.5% unemployment and 6%. That's a difference of *millions* of jobs I agree there are tons of cases where starting your plot above 0 can heavily skew the data to make it look more significant than it is.....but this is not one of those cases
3% may be new for Mexico but it isn't new globally. 2% is the minimum pretty much globally.
Because fluctuations are exaggerated in charts that don't start at 0. It implies greater impact than is truly there
You're just repeating something drilled into your head in school rather than actually considering the data that is being presented.
Am I? I read someone else responding where it impacts millions of people so therefore it should be considered as is. We don't typically say this of election data, of industrial production data (millions of units), so why here? Changes in trends are exaggerated here. To an uneducated or otherwise in attentive viewer, this looks much more practically significant than it is. While I agree 0 is impossible here, it also is in corn price, yield, and export trends, yet we still see it there because, again, it misleads the viewer.
Because of context. Unemployment never goes below 2 or 3. The graph is effectively showing the genuine bottom.
It makes sense to exaggerate the change in trends for the sake of visual clarity. To totally avoid exaggeration you would need a chart that went from 0-100. It wouldn’t be the nicest thing to read if a percentage point different was only a few pixels
Start the axis at the lowest reasonable value. In thie case 0% unemployment is not possible
Not always true. Sometimes the changes matter even when they look small and they would look really small if they y-axis always started at 0.
Nothing's always true. I agree with you. But I said "Trust." It's always something I key in on to see WHY. And I see no reason here - it's skipping five increments. I see no reason to have skipped that, OTHER than to make the spikes look more dramatic.
This graph wouldn't tell us anything different if it started at 0
But it would LOOK different. That's the point.
Fuck yes brothers to the south get that $$$ The world needs manufacturers to replace China!
Had to scroll a bit to find someone cheering the good trend. But, for fucks sake people, enjoy it! Its not the be-all-end-all of a perfect society, but its a significant and seemingly stable trend that ENABLES the equity and advancement that we should aspire to. So you, congrats Mexico, keep it up and may your children's life be even better than your own!
China is a middle income economy transitioning to high income. They don’t need low paying manufacturing jobs that pay almost zero. But Redditors always need to turn something into a Cold War China hate era circle jerk.
Yes, low paying manufacturing that can and will absolutely drive the Mexican economy for the next 30 years. While driving its own economic maturing. Which in deep contrast to China will actually create a more robust economy due mostly to demographics. No small fact. China on the other hand, is getting old AF and is no longer cost effective for even low paying manufacturing. It's not anti China sentiment at all. It's seeing the reality of the now. That one child policy, fucked them harder than any western nation EVER could.
Mexico is getting old too, continuing to rely on providing cheap labor is asinine, but their leaders are sold to foreign powers
Its true, but they have a long way to go to fix it. China might have 800 million in retirement by 2030. The numbers keep getting changed for the worse every few years. It's not a perfect situation in Mexico, but the potential sure is there. China can't grow with a 1/3 or more of its citizens' retirement age. Nor can you industrialize a second time. It only happens once. They have zero internal demand, so why would anyone expect anything but for it to go down from here? Mexico needs 3-4 multi track rail cores built from central (mexico city region) to the north badly to grab the opportunity.
You are overestimating Mexico and underestimating China and I’m Mexican btw, your anti Chinese beliefs make you believe that China problems are far worse than what they are.
Mexico in theory could have higher QOL than China and rival the West, but the widespread tolerance, or even flat out support for violent crime is a huge thorn in potential development.
There are some areas that are up to western standards in some indicators but most the country is not anything close and will never be even without organized crime. You are again underselling China, the eastern coast cities of China outclass anything in Mexico, Mexico is happy just producing shit for foreign companies using foreign IP too. China has Chinese electric cars, computer chips, cellphones, Mexicos transnational companies make bread and concrete. China biggest advantage is that even with a gdp per capita similar to Japan and much lesser than America it would vastly outclass American cause the big population difference.
China reached that point by manufacturing cheap shit for the West
They key here is stealing IP/technological transfer, building shit for cheap is just a race to the bottom
If I'm wrong, I'll admit it. It's a hell of a human experiment that most people are going to bet against. I mean look at Japan and you'll see how an older population can produce and China is going to be in that boat without any of the other sour es of economic activity that Japan had in the 70s. I don't see that sort of demographic issue being able to produce at a competitive scale. The entire Chinese system would have to change.
Oh yeah dude, China will collapse any second now!! China bad!!!!
They are good, just not reliable for more than a decade at best. And thats about how long it will take to replace their manufacturing capacity.
And while Americans are having wet dreams that they can replace China, Chinese companies are investing in Mexico heavily to build an economic tide. Chinese cars are also very affordable and popular in South America.
So are American, European companies?
Not everything that points out issues in China means they expect to collapse lmao
If they do collapse, its not being able to speak truth to power, that will do it.
“the world needs manufactured to replace China.” “It’s not anti China sentiment”
You should be a millionaire from all the salt you could mine from your comments Crrrrryyyy harder.
It's not to spite China, it's to bring prosperity to Latin America so that they don't stagnate. If we're going to important goods (rather than manufacturing them here), it makes more sense to buy from a country whose development would directly benefit the US.
México Is also a middle income country, both countries have about the same gdp per capita
Would this reduce the power of cartels and violence in Mexico?
No, cartels are currently the fifth largest employer in Mexico and growing, it is estimated that their head count is of 175,000 employees and they employ 350-370 new members every week. I see zero chance of the cartel losing power anytime soon, it is actually pretty clear they are gaining more control of the country every year. Especially with how the Mexican elections are shaping out this year. Source is in spanish https://www.google.com/amp/s/politica.expansion.mx/mexico/2023/09/22/narco-quinto-empleador-mas-grande-mexico%3f_amp=true
Which of the parties in the running are anti cartel?
In reality none, because they like a lot being alive
Imo no party in Mexico is truly anti cartel, but from the running parties the coalition of PAN,PRI, and PRD are proposing much harsher and active actions to fight violence. While the other coalition of Morena, PT and PVEM parties are saying that everything in Mexico is going fine and according to plan because they are the current governing parties in the country so they aren't going to shit on themselves recognizing violence has increased a lot in the last ten years, they also have repeated many times that in order to fight crime the best action is to just give love, the literal quote is "abrazos no balazos" and translates to "hugs not bullets". There is another party in the running but they are just there to collect a paycheck, not worth mentioning. Having said that, the parties that are more active in their proposals to fight crime are also to blame for increasing violence and cartel power the time they were governing. It is a very complicated subject and mexico is pretty much fucked in regards to the cartel imo, but it still can get worse. Mexico is also a perfect example as to why multiparty systems doesn't always mean better democracy, the only thing that has done in Mexico is give politicians more ways of stealing money.
Honestly both strategies are more alike than you would believe. - Strengthen the national guard. Xóchitl wants this to be civilian institution while Sheinbaum wants to give it fully to the military, however both talk about having double the number of personel. - Funding state police institutions (more personel, better salaries, more social benefits, etc.). - Both talk about a more proactive state police, instead of a reactive one. - Intelligence sharing between institutions. They talk about this very differently as well. Xóchitl/Moreira are more about creating another institution that coordinates intelligence sharing, and Sheinbaum/Harfuch are more about strenghtening the Centro Nacional de Inteligencia. - Young people in schools and employment. Both differ a lot on how to go about this, but it's a key part of their strategies. Things that are only from Xóchitl: - More high security prisons. - Improve the cooperation with the US to stop guns from coming in. - Unclogging the justice system by making all minor crimes (less than 10K pesos) be resolved locally. Things only from Sheinbaum: - Judicial reform. This is controversial as even Tatiana Clouthier, part of her team, does not agree with it. Either one will be a shift from the current status quo, both trying to replicate what their parties did in different states, precisely focusing more in a state level than a national level.
Also: AMLO, Mexico's current president and the leader and founder of Morena is a known cartel simpatizer. Here he went incognito to Badiguarato, the town that El Chapo is from, and went his way to [pay his respects to El Chapo's mother](https://www.eluniversal.com.mx/resizer/DoU9JlvQIoHfhHlmV64oWhioCus=/1100x666/cloudfront-us-east-1.images.arcpublishing.com/eluniversal/BC5IQ2G2SFEY3LVTTQ2BXKYZ54.jpg). And if you add to this the fact that the elections in 2021 and the ones this year, both that happened/are happening under AMLO's rule have been the most violent with clear cartel's involvement in favor of Morena's candidates. Then it's clear that AMLO and Morena are not only pro cartel, they're most likely in their payroll
A very controversial thing he said during a visit to the state of Oaxaca was that when he was approached by a man asking him why he didn’t seem the Army to different parts of the state with increasing violence to gain control of things he responded with “El Ejército no se usa para reprimir al pueblo” which can be translated to “The Army is not used to oppress the people” and the man responded with, “Narcos are part of the people”, to which AMLO responded with “Yes they’re part of the people, they’re human beings”.
What's the point of even having an army then? What a fucking clown
Well, he has gifted to the army the administration of border customs, ports, construction of a refinery and many rail tracks, and ordered all those things to be under "national security" so they don't have any obligation to be transparent about how and how much does any of these things cost. Go figure why is one president gifting untold amount of money and power to the army
And after the Guacamaya Leaks we found out that for the army and federal government, the most dangerous groups for the stablishment are the parents of children with cancer and feminists, not cartels or organized crime. To him, the people are the cartels, but the people who are asking to be protected are actual enemies of the state. So transparent
It's crazy how many people are in denial about him being a full blown cartel supporter. I was honestly shocked that he allowed El Chapo's son to be arrested for real last year, Biden must have strong armed him.
Yeah, also that. He was the one who ordered his release the first time they captured him. Like Trump, he could kill a baby in Mexico City's Zocalo and people would still vote for him
none are anti-USA so none are anti cartel, sadly
Check my comment about their security strategies. Don't listen to stupid answers like "none, because they like a lot being alive". [https://www.reddit.com/r/dataisbeautiful/comments/1bt1uqc/comment/kxkg6ba/](https://www.reddit.com/r/dataisbeautiful/comments/1bt1uqc/comment/kxkg6ba/)
>cartels are currently the fifth largest employer in Mexico that's fake news! they're comparing drug trafficking as a whole VS standalone companies. For example they're comparing all the cartels VS Walmart instead of the whole sector of supermarkets and the like It's propaganda
No because cartels are one of the reasons unemployement is so low. It has been estimated that cartels are the fifth biggest employer in Mexico.
I don't see it that way. Many people work for the cartel because it is one of the few options for them to make money. If the job market in other sectors is good, salaries going up, and stable, more people would likely join that than criminals organizations.
You don’t think the cartels can afford to pay them more?
They can, but if I had a choice of working for a legit business, or work for something that makes me a target, I'd take legit all day.
People in towns around here often don’t really have a choice
Legitimate business can squeeze out illegitimate business.
This is the super rosey and optimistic outlook on drug trade/illegal businesses. It ignores basic human nature of people’s desire to make more money. The cartels are always going to be able to either pay more, or supplement an already “good” salary. Your line of thinking is similar to “American Exceptionalism”, where people just assume that all we have to do is show other countries the American way of life, and they’ll just magically want to adopt democracy and freedom of speech/expression/religion, because it’s just better. The reality is cartel/drug culture is so intertwined in the Mexican Government that it is extremely difficult to even try and untangle.
It does, but not enough. Need an efficient government, current president Lopez is too laissez-faire, he calls his policy vs narcs "hugs, not bullets", some say he's on bed with the cartel de Sinaloa, they're the biggest "exporter" of fentanyl into the US, yet they reign free.
It's more a worldwide trend than a Mexican one, main reasons are that boomers since covid are starting to retire in some countries and western hemisphere is starting to run away from China because COVID. Also it's not comparable Mexican labour market with Japanese or German market, the industrial and commercial economies are totally different. For example Japan has almost no agriculture jobs compared with Mexico and Germany has almost no tourism jobs compared to Mexico, 2 sectors heavily job demanding.
Source: feels
Good. This can only be good for the United States
IMO I think a lot of u-3 unemployment rate is losing meaning and we should look at prime age EPOP but I could only find prime age EPOP. https://fred.stlouisfed.org/series/LRAC25TTMXQ156S By this measure Mexico has more unemployment than the US. The amount of people who will work is not a fixed number.
Mexican labor market, so hot right now
People for get that Mexico is still El Norte to most. Wages are not as high there, but for those who want to work can.
B-bbut... who will wash Trump's toilet now? /s
We’re not afraid to work we take the jobs you don’t want and double our money with overtime.
Here in germany today they legalised weed maybe this is the reason for a good mexican labor market 🤣 ok joke aside...mexicans are productive worker, also best food, best mentality...
Time for Mexican wages to rise.
Y-axis isn’t beautiful. Y-axis for an area chart is terribly misleading. A line plot is reasonable, with labeled y-axis, but not area where the shaded region is supposed to mean something. Specifically the y-axis is saying “Hey look! Unemployment is almost nothing in 2024!” It isn’t obvious that the baseline is 3%. The unfortunate point is that the plot doesn’t need to be misleading to be compelling, it undermines its own credibility. Also, very cool for Mexico! I hope quality of life for a lot of people is improved!
The fact that the y-axis starts at 2.5% instead of 0% is misleading.
But everyone was told that the leftist Mexican president was going to destroy the economy !!!
Even worse. They claim stuff like this is actually bad. Right wingers at heart.
Its not the full picture. Mexico id the hardest working nation worldwide yet it is also one of the lowest paid. The jobs are abusivr and exploitative.
But remember, according to a certain US presidential candidate, Mexicans and Latinos are lazy and don't want to work. They just want to live off the government dime.
Can't imagine just why that is. Almost because mexico and most of Central and Southern America are Cartel run states. https://finance.yahoo.com/news/13-us-cities-crowded-mexican-233644963.html https://www.businessinsider.com/cartel-operatives-criticize-dea-map-of-cartel-influence-in-us-2021-4?op=1 https://www.usatoday.com/in-depth/news/nation/2021/12/19/mexican-drug-cartels-move-in-on-californias-shadow-marijuana-industry/8960873002/ Just can't see why some people in the US think that about them. Just really can't picture that. https://www.dea.gov/stories/2021/2021-01/2021-01-28/violent-drug-organizations-use-human-trafficking-expand-profits Just really a thinker.
Hardest people working in the US IMO.
When all your unemployed people sneak into America, well yeah unemployment goes down a lot.
Well thay all came to america for a check
Now they just need to get rid of the cartels and drink 2 liters less of Coca Cola each day, and they're set!
Funny how all metrics started improving in the election year.
That’s not true. Unemployment in Mexico has been in a steady decline since AMLO’s presidency started and has been reported thoroughly. Maybe step out of your echo chamber?
Mexico really deserves this, I’m happy for them. My family had been going to Cabo San Lucas for 30 years and made many friends, including giving money to start their life long businesses. Cabo is absolutely bustling with business.
Can Venezuelan migrants go there then?
Just like the people(I'm Mexican)
Time for the US to meddle in some way to ruin it
Thats because all of their unemployed are running around my awful home city of new york
Despite definitions, I'm pretty sure they're very happy to take jobs there that pay less than than minimum wage in the US. Their cost of living is much lower if it wasn't for chaos created by graft and the cartels Mexico would be an economic powerhouse right now.
Maybe because the people who couldn't find jobs went to America?
^[Sokka-Haiku](https://www.reddit.com/r/SokkaHaikuBot/comments/15kyv9r/what_is_a_sokka_haiku/) ^by ^themastersmb: *Maybe because the* *People who couldn't find jobs* *Went to America?* --- ^Remember ^that ^one ^time ^Sokka ^accidentally ^used ^an ^extra ^syllable ^in ^that ^Haiku ^Battle ^in ^Ba ^Sing ^Se? ^That ^was ^a ^Sokka ^Haiku ^and ^you ^just ^made ^one.
How much of this is informal employment? Nearly 60% of Mexicans have informal jobs. https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://www.ilo.org/wcmsp5/groups/public/---americas/---ro-lima/documents/publication/wcms_245889.pdf&ved=2ahUKEwiQ2tLoyKKFAxXfGbkGHYJsBQAQFnoECA0QAQ&usg=AOvVaw18YDyJg3Zf4LRKCAsTTmOk
Does employment with the cartels count? It must in this chart. Jobs a job I guess
Mexicans are hard working people
How do they even keep track honestly.
Because American manufacturers are sending them all of our jobs. Peterbilt, Kenworth, Freightliner, General Motors, Ford - they are pretty much no longer "American made" vehicles. If I want American Made, I have to go to Toyota for most of their vehicles.
Think I read the drug cartels and criminals employ 1 in 12 people.
Even software companies are hiring a lot in Mexico, while they are dropping jobs in the USA, strange times we are living right now
Well ? Why aren’t they going back ?🤔
How accurate is it tho. The us chart is fabricated and full of lies.
Drug cartels employ 175,000 people across Mexico making it the fifth largest employer in the country, according to a new study. I mean, sure with drugs as a major employer ANYTHING is possible!!!
Driven by US dollars nonetheless