Mexico Unemployment Rate 1994-2014 | Data | Chart | Calendar | Forecast

Unemployment Rate in Mexico decreased to 4.53 percent in November of 2014 from 4.78 percent in October of 2014. Unemployment Rate in Mexico averaged 3.79 percent from 1994 until 2014, reaching an all time high of 5.93 percent in May of 2009 and a record low of 2.22 percent in March of 1997. Unemployment Rate in Mexico is reported by the Instituto Nacional de Estadística y Geografía (INEGI).

      Forecast    
Mexico Unemployment Rate


Actual Previous Highest Lowest Dates Unit Frequency
4.53 4.78 5.93 2.22 1994 - 2014 percent Monthly
NSA
In Mexico, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Mexico Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Mexico Unemployment Rate - was last refreshed on Tuesday, December 23, 2014.


Mexico Unemployment Rate Down to 11-Month Low


Mexican jobless rate decreased for the fourth straight month to 4.53 percent in November of 2014 from 4.78 percent in the previous month.

Upon seasonal adjustment, the unemployment rate held steady at 4.71 percent. Among regions, Baja California Sur recorded the highest jobless rate (6.85 percent), followed by Tabasco (6.4 percent) and Distrito Federal (6.36 percent), while Guerrero recorded the lowest one (2.22 percent).

In November of 2014, the labour force participation rate decreased to 59.63 percent from 60.81 percent in the same month of the previous year. While 95.47 percent of economically active population was employed, 7.7 percent were underemployed. 

A year earlier, unemployment was recorded at 4.47 percent.

Joana Taborda | joana.taborda@tradingeconomics.com
12/19/2014 2:16:44 PM


Recent Releases

Mexico Unemployment Rate Falls Further
Mexican jobless rate decreased to 4.78 percent in October of 2014 from 5.08 percent in the previous month. It is the lowest rate since February of 2014. Published on 2014-11-24

Mexico Unemployment Rate Falls Slightly to 5.08%
Mexican jobless rate decreased to 5.08 percent in September of 2014 from 5.18 percent in the previous month. Upon seasonal adjustment, the unemployment rate decreased to 4.75 percent from a revised 4.83 percent rate. Published on 2014-10-17


Calendar GMT Event Actual Previous Consensus Forecast (i)
2014-10-17 02:00 PM
Unemployment Rate  Sep
5.08% 5.18% 5.21% 5.2%
2014-11-24 02:00 PM
Unemployment Rate  Oct
4.78% 5.08% 5.1%
2014-12-19 02:00 PM
Unemployment Rate  Nov
4.53% 4.78% 4.6% 4.9%
2015-01-16 02:00 PM
Unemployment Rate  Dec
4.53% 4.7%
2015-02-24 02:00 PM
Unemployment Rate  Jan
4.7%
2015-03-24 02:00 PM
Unemployment Rate  Feb
4.6%


Mexico Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.53 4.78 5.93 2.22 percent [+]
Employed Persons 49702475.00 49545156.00 50243493.00 37970852.00 [+]
Unemployed Persons 2746235.00 2539069.00 2925045.00 915418.00 [+]
Productivity 109.30 109.40 113.70 89.09 Index Points [+]
Wages 280.04 281.56 285.78 124.36 MXN [+]
Wages in Manufacturing 95.80 97.20 124.00 92.40 Index Points [+]
Labour Costs 94.30 94.00 127.55 79.32 Index Points [+]
Population 122.33 120.85 122.33 38.68 Million [+]
Retirement Age Women 65.00 65.00 65.00 65.00 [+]
Retirement Age Men 65.00 65.00 65.00 65.00 [+]
Minimum Wages 65.58 65.58 65.58 0.01 MXN [+]


Unemployment Rate Reference Previous Highest Lowest Unit
Australia 6.30 Nov/14 6.20 10.90 4.00 percent [+]
Brazil 4.80 Nov/14 4.70 13.10 4.30 percent [+]
Canada 6.60 Nov/14 6.50 13.10 2.90 percent [+]
China 4.10 Aug/14 4.10 4.30 3.90 percent [+]
Euro Area 11.50 Oct/14 11.50 12.00 7.20 percent [+]
France 10.40 Aug/14 10.10 10.80 7.20 percent [+]
Germany 4.90 Oct/14 5.00 14.20 0.40 percent [+]
India 5.20 Dec/12 6.30 9.40 5.20 percent [+]
Indonesia 5.94 Aug/14 5.70 11.24 2.00 percent [+]
Italy 13.20 Oct/14 12.90 13.20 5.90 percent [+]
Japan 3.50 Oct/14 3.60 5.60 1.00 percent [+]
Mexico 4.53 Nov/14 4.78 5.93 2.22 percent [+]
Netherlands 8.00 Nov/14 8.00 8.80 3.40 percent [+]
Russia 5.20 Nov/14 5.10 14.10 4.80 percent [+]
South Korea 3.40 Nov/14 3.50 7.10 2.90 percent [+]
Spain 23.67 Aug/14 24.47 26.94 4.41 percent [+]
Switzerland 3.20 Nov/14 3.10 5.40 1.60 percent [+]
Turkey 10.50 Sep/14 10.10 16.10 8.00 percent [+]
United Kingdom 6.00 Oct/14 6.00 12.00 3.40 percent [+]
United States 5.80 Nov/14 5.80 10.80 2.50 percent [+]