Corona: April XNUMX / Unemployment rate XNUMX%

Current Coronavirus Status: As of April XNUMX

The upper curve is the number of infected people

The bar graph below is the number of deaths

Infected: XNUMX (+XNUMX compared to the previous day)

Suspected infection: XNUMX (+XNUMX from the previous day)

Death toll: XNUMX (+XNUMX from the previous day)

Fatality rate: XNUMX%

The actual number of infected people is estimated to be about 2 times this figure.

Therefore, it is highly likely that more than XNUMX people are actually infected.

 

This is an update on the unemployment rate, etc., which I wrote the other day.

Information from El UNIVERSAL newspaper.

 

Due to this corona crisis,

within MexicoXNUMX million regular and non-regular jobs lost,

Unemployment rate is XNUMX%It is said that it will be

OCC Munduial, a major job siteJob openings down XNUMX%.

 

Non-regular workers account for 6% of the current working population in Mexico,

With XNUMX million of them,

It is predicted that regular employment will also be lost by XNUMX million.

The total number of unemployed this year has reached XNUMX to XNUMX million,

Record number of unemployed

XNUMX million people in XNUMX after the Lehman Shock,

This time it is expected to exceed that.

Between March XNUMXth and April XNUMXth,

XNUMX jobs have been lost.

☝☝☝Changes in the unemployment rate in Mexico

 

① is the XNUMX Latin American debt crisis, unemployment rate of XNUMX%

The major economies of Latin America, Mexico, Brazil and Argentina,

Along with the economic expansion, especially for infrastructure development,

Financial turmoil triggered by the default of funds borrowed from private banks in other countries.

(XNUMX) was the XNUMX Mexican currency crisis and the unemployment rate of XNUMX%.

A large amount of foreign currency entered with the effectuation of the North American Free Trade Agreement NAFTA in XNUMX,

Armed Zapatista National Liberation Army (EZLN) in southern Chiapas state opposed to NAFTA,

Country risks such as the alleged assassination of the next presidential candidate surfaced,

In addition, due to the rise in interest rates accompanying the expansion of the US economy,

Financial turmoil caused by a sharp decline in foreign exchange reserves.

③ is XNUMX% after the Lehman Shock

Mexico's main sources of income are oil, automobiles, remittances by migrant workers in the United States, and tourism.

In recent years, tourism revenue has become the third source of revenue.

About XNUMX% of exports are to the United States,

The amount of migrant workers' remittances has also been cut in half,

A recession caused by falling oil prices.

④ is the current corona shock XNUMX%

Viruses are the only cause

The possibility of prolonged impact on tourism, where contact with people is essential,

The US economy is in serious trouble,

It is impossible to rule out the possibility that the reduction in remittances that accompanies this will be prolonged.

 

This is an unprecedented situation that is difficult to predict.

 

I cut down what little savings I had,

I'm trying to get over it, but...

About XNUMX% of Mexicans

No savings for non-regular employment,

day-to-day people.

Added by the government yesterday,

Information on interest-bearing loans for small businesses has been issued,

Up to XNUMX pesos (about XNUMX yen),

Even with an interest rate of XNUMX% and a XNUMX-month repayment grace period,

I think the number of people who can return it is probably limited.

 

That's how I feel about the future.

 

Source:

https://www.eluniversal.com.mx/

https://www.ide.go.jp/Japanese/IDEsquare/Overseas/2010/ROR201019_001.html

https://www.eluniversal.com.mx/cartera/pandemia-dejara-3-millones-sin-empleo-en-mexico