Mexico Unemployment Rate  1994-2016 | Data | Chart | Calendar | Forecast

Mexican jobless rate came in at 3.96 percent in December of 2015, the same as in the previous month and the lowest since March. A year earlier, unemployment was slightly lower at 3.76 percent. Unemployment Rate in Mexico averaged 3.82 percent from 1994 until 2015, 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).

Mexico Unemployment Rate
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Actual Previous Highest Lowest Dates Unit Frequency
3.96 3.96 5.93 2.22 1994 - 2015 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 the latest reported value for - Mexico Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Mexico Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on February of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-11-27 02:00 PM Oct 4.55% 4.5% 4.3% 4.75%
2015-12-24 02:00 PM Nov 3.96% 4.55% 4.30% 4.68%
2016-01-25 02:00 PM Dec 3.96% 3.96% 3.88% 4.2%
2016-02-26 02:00 PM Jan 3.96% 4%
2016-03-30 02:00 PM Feb 4%
2016-04-27 01:00 PM Mar 4%

Mexico Unemployment Rate Steady at 3.96%


Mexican jobless rate came in at 3.96 percent in December of 2015, the same as in the previous month and the lowest since March. A year earlier, unemployment was slightly lower at 3.76 percent.

The labour force participation rate declined to 59.5 percent from 61.2 in November. 95.4 percent were working (95.9 percent in November) while 8.4 percent said could work more hours (9.4 percent in November).

Joana Taborda | joana.taborda@tradingeconomics.com
1/25/2016 2:22:01 PM

Mexico Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.96 3.96 5.93 2.22 percent [+]
Employed Persons 50734656.00 50336088.00 50734656.00 37970852.00 [+]
Unemployed Persons 2445263.00 2287633.00 3012574.00 915418.00 [+]
Labor Force Participation Rate 59.96 59.70 61.10 58.70 percent [+]
Labour Costs 80.30 77.70 127.10 77.30 Index Points [+]
Productivity 110.10 108.70 113.70 91.90 Index Points [+]
Wages 292.05 293.28 298.33 124.36 MXN/Day [+]
Minimum Wages 73.04 70.10 73.04 0.01 MXN/Day [+]
Wages in Manufacturing 2.30 2.20 3.60 2.00 USD/Hour [+]
Population 123.79 122.33 123.79 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 [+]
Employment Rate 96.04 96.04 97.23 93.58 percent [+]
Wages High Skilled 15000.00 15000.00 15000.00 15000.00 MXN/Month [+]
Wages Low Skilled 4000.00 4000.00 4000.00 4000.00 MXN/Month [+]




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