Mexican Economy on Threshold of Recovery?

Last year the Mexican economy shrank by approximately 7 percent, the largest economic decline of any state in the Americas, with unemployment reaching the historic high of an official 4.3 percent. Actual unemployment would have been higher if discouraged workers and underemployed were counted. Over 40 percent of all Mexicans live in poverty.

Although economist say that the Mexican economy is on the threshold of a recovery, the great recession of 2008 has not yet fully abated by any means.

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