Mexico Unemployment Rate 1994-2015 | Data | Chart | Calendar | Forecast

Unemployment Rate in Mexico increased to 4.45 percent in May of 2015 from 4.31 percent in April of 2015. Unemployment Rate in Mexico averaged 3.80 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).

      Forecast
Mexico Unemployment Rate
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Actual Previous Highest Lowest Dates Unit Frequency
4.45 4.31 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. Content for - Mexico Unemployment Rate - was last refreshed on Saturday, July 4, 2015.

Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-04-27 02:00 PM Mar 3.86% 4.33% 4.2% 4%
2015-05-28 02:00 PM Apr 4.31% 3.86% 4.11% 4%
2015-06-26 02:00 PM May 4.45% 4.31% 4.3% 4.2%
2015-07-24 02:00 PM Jun 4.45% 4.1%
2015-08-28 02:00 PM Jul 4.2%
2015-09-28 02:00 PM Aug 4.1%


Mexico Unemployment Rate at 4-Month High


Mexican jobless rate increased for the second consecutive month to 4.45 percent in May of 2015 from 4.31 percent in April. It is the highest rate since January.

The labour force participation rate increased to 59.8 percent in May from 59.2 percent in April. 95.6 percent were working (95.7 percent in April) while less people said could work more hours (7.6 percent from 8.9 percent in April). 

A year earlier, unemployment reached 4.92 percent. Yet, the participation rate was higher at 60.1 percent.

Upon seasonal adjustment, the unemployment rate was 4.37 percent, roughly unchanged from 4.3 percent in April.

Joana Taborda | joana.taborda@tradingeconomics.com
6/26/2015 2:18:32 PM


Recent Releases

Mexico Unemployment Rate Edges Up in April
Mexican jobless rate increased to 4.31 percent in April of 2015 from a 3-month low of 3.86 percent in March. A year earlier, unemployment was recorded at 4.84 percent.
Published on 2015-05-28

Mexico Unemployment Rate at 3-Month Low
Mexican jobless rate decreased to 3.86 percent in March of 2015 from 4.33 percent in the previous month. It is the lowest rate since December when it reached a six-year low of 3.76 percent.
Published on 2015-04-27

Mexico Unemployment Rate Rises in January
Mexican jobless rate increased to 4.51 percent in January, after reaching a six-year low 3.76 percent in the previous month.
Published on 2015-02-27

Mexico Unemployment Rate The Lowest in 6 Years
Mexican jobless rate declined to 3.76 percent in December of 2014 from 4.53 percent in the previous month. It is the fifth consecutive decrease and the lowest figure since May of 2008.
Published on 2015-01-16


Mexico Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.45 4.31 5.93 2.22 percent [+]
Employed Persons 49806064.00 49823798.00 50243493.00 37970852.00 [+]
Unemployed Persons 2201778.00 2284602.00 3012574.00 915418.00 [+]
Productivity 108.80 112.70 113.70 91.90 Index Points [+]
Wages 295.88 292.12 295.88 124.36 MXN/Day [+]
Wages in Manufacturing 99.20 98.60 122.90 92.50 Index Points [+]
Labour Costs 86.70 82.80 127.10 79.30 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 69.26 69.26 69.26 0.01 MXN/Day [+]


Unemployment Rate Reference Previous Highest Lowest Unit
Australia 6.00 May/15 6.10 10.90 4.00 percent [+]
Brazil 6.70 May/15 6.40 13.10 4.30 percent [+]
Canada 6.80 May/15 6.80 13.10 2.90 percent [+]
China 4.10 Mar/15 4.10 4.30 3.90 percent [+]
Euro Area 11.10 May/15 11.10 12.10 7.20 percent [+]
France 10.30 Mar/15 10.40 10.80 7.20 percent [+]
Germany 4.70 May/15 4.70 14.20 0.40 percent [+]
India 4.90 Dec/13 5.20 9.40 4.90 percent [+]
Indonesia 5.81 Mar/15 5.94 11.24 2.00 percent [+]
Italy 12.40 May/15 12.40 13.20 5.90 percent [+]
Japan 3.30 May/15 3.30 5.60 1.00 percent [+]
Mexico 4.45 May/15 4.31 5.93 2.22 percent [+]
Netherlands 6.90 May/15 7.00 7.90 3.60 percent [+]
Russia 5.60 May/15 5.80 14.10 4.80 percent [+]
South Korea 3.90 May/15 3.70 7.10 2.90 percent [+]
Spain 23.78 Mar/15 23.70 26.94 4.41 percent [+]
Switzerland 3.20 May/15 3.30 5.40 1.60 percent [+]
Turkey 10.60 Mar/15 11.20 14.80 7.30 percent [+]
United Kingdom 5.50 Apr/15 5.50 12.00 3.40 percent [+]
United States 5.30 Jun/15 5.50 10.80 2.50 percent [+]