Mexican unemployment rate 4.00% forecast vs. 4.10%

The Mexican unemployment rate rose unexpectedly last month, official data showed on Monday. In a report, Insituto Nacional de Estadistica Y Geografia said that the Mexican unemployment rate rose to a seasonally adjusted annual rate of with an annual rate of 4.10%, from 4.00% in the preceding month. Analysts had expected the Mexican unemployment rate to remain unchanged at 4.00% last month.