Mexican unemployment rate 4.80% vs. 4.20% forecast
The unemployment rate in Mexico rose unexpectedly last month, official data showed on Tuesday.

In a report, Insituto Nacional de Estadistica Y Geografia said that Mexican Unemployment Rate rose to a seasonally adjusted annual rate of 4.80%, from 4.65% in the preceding month.

Analysts had expected Mexican Unemployment Rate to fall to 4.20% last month.