Aug 21, 2011

Mexican Economy: Mexico's young job seekers hit especially hard Competition for low-wage work reflects one of Mexico's biggest problems since the 2008-09 downturn: the inability to generate real jobs. The shortage hits young people hard, with 4 in 10 of Mexico's unemployed in their 20s. Throw in teenagers and the share rises to more than half.

Many find work in a growing informal economy as street vendors, waiters or day laborers. The 13.4 million Mexicans working in that sector don't show up in the official 5.2% jobless rate, masking the country's unemployment problem.

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