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

Mexico unemployment rate came in at 3.8 percent in April of 2016, slightly up from a nearly 8-year low 3.74 percent in March as the employment rate fell slightly. A year earlier, the jobless rate was higher at 4.31 percent. Unemployment Rate in Mexico averaged 3.82 percent from 1994 until 2016, 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
3.80 3.74 5.93 2.22 1994 - 2016 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 May of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-03-30 02:00 PM Feb 4.15% 4.24% 4.13% 4.3%
2016-04-27 01:00 PM Mar 3.7% 4.1% 4.1% 4.2%
2016-05-27 01:00 PM Apr 3.8% 3.7% 4.13% 4%
2016-06-28 01:00 PM May 3.8% 3.8%
2016-07-27 01:00 PM Jun 3.8%
2016-08-29 01:00 PM Jul 3.8%

Mexico Jobless Rate Rises Slightly to 3.8%


Mexico unemployment rate came in at 3.8 percent in April of 2016, slightly up from a nearly 8-year low 3.74 percent in March and the employment rate fell slightly. A year earlier, the jobless rate was higher at 4.31 percent.

Compared to the previous month, unemployment for women (3.69 percent from 3.6 percent) and men (3.87 percent from 3.82 percent). Among unemployed people, 19.8 percent had not completed secondary education while 80.2 percent had a higher education level.

The labor force participation rate fell to 59.4 percent (59.6 percent in March) and the employment rate decreased to 96.2 percent (96.3 percent in March). Among employed people 68.9 percent worked as a subordinate worker, 22 percent worked independently or on their own without hiring employees, 4.8 percent worked in business or in family plots, contributing directly to production processes without monetary compensation and 4.3 percent were employers.

INEGI | Francisco Caeiro | francisco.caeiro@tradingeconomics.com
5/27/2016 4:16:31 PM

Mexico Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.80 3.74 5.93 2.22 percent [+]
Employed Persons 50778629.00 51568519.00 51568519.00 37970852.00 [+]
Unemployed Persons 2140020.00 2240498.00 3012574.00 915418.00 [+]
Labor Force Participation Rate 60.42 59.96 61.10 58.70 percent [+]
Labour Costs 78.20 72.10 127.10 72.10 Index Points [+]
Productivity 108.30 111.40 113.70 91.90 Index Points [+]
Wages 292.05 293.28 298.33 124.36 MXN/Day [+]
Wages in Manufacturing 2.20 2.10 3.60 2.00 USD/Hour [+]
Minimum Wages 73.04 73.04 73.04 0.01 MXN/Day [+]
Population 121.01 119.71 121.01 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 [+]
Living Wage Family 10900.00 11000.00 11000.00 10900.00 MXN/Month [+]
Living Wage Individual 4840.00 4990.00 4990.00 4840.00 MXN/Month [+]
Employment Rate 96.20 96.26 97.23 93.58 percent [+]
Wages Low Skilled 4830.00 5020.00 5020.00 4830.00 MXN/Month [+]
Wages High Skilled 13800.00 13200.00 13800.00 13200.00 MXN/Month [+]




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