WRAPUP 1-Mexico March jobless rate falls; exports surge

(Adds exports, background)

MEXICO CITY, April 23 (BestGrowthStock) – Mexico’s unemployment
rate fell more than expected in March to its lowest in a year
as the economy rebounded from a deep recession thanks to a
surge in exports, data showed on Friday.

The country’s jobless rate fell to 4.81 percent from 5.43
percent in February but was still above the 4.76 percent posted
in March 2009, the national statistics agency said.

The agency also released data showing that exports surged
22.8 percent in March from a month earlier, leaving Mexico with
a $237 million trade surplus that month.

Imports rose 23.1 percent in March from February, when
Mexico posted a $244 million surplus.

Economists polled by Reuters had predicted a jobless rate

(MXUNR=ECI: ) of 5.20 percent and a trade surplus of $400
million.
Stock Market Research

(Reporting by Jason Lange and Michael O’Boyle; Editing by
James Dalgleish)

WRAPUP 1-Mexico March jobless rate falls; exports surge