Economics
Twelve Million More Mexicans Out of Work After April Devastation
Pedestrians pass in front of temporarily closed businesses in Mexico City, Mexico, on May 5.
Photographer: Alejandro Cegarra/BloombergThis article is for subscribers only.
Twelve million Mexicans lost or were suspended from their jobs in April as the coronavirus pandemic devastates the nation’s labor market.
The proportion of Mexicans who are economically active slumped to a record low of 48%, from 60% in March, the national statistics agency said Monday.