Mexico: Unemployment insurance, a necessary response in Mexico

Submitted by mmarquez on Mon, 02/15/2021 - 14:29

El Economista México (08.12.2020). Granting unemployment insurance to the Mexican population, given the conditions that are experienced by the health and economic crisis of Covid-19, is one of the necessary responses for an economy such as that of our country, said Gerardo Esquivel, deputy governor of the Bank of Mexico (Banxico). As of now, there is no federal unemployment social insurance. Only Mexico City counts with a tax-funded unemployment benefit granted for up to two months.

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