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

Unemployment Rate in Mexico decreased to 5.08 percent in September of 2014 from 5.18 percent in August 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).

   
 
 

Mexico Unemployment Rate


Actual Previous Highest Lowest Dates Unit Frequency
5.08 5.18 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 Friday, October 24, 2014.


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.

In September of 2014, the labour force participation rate dropped 0.49 percent when compared to the previous year to 58.64 percent. Meanwhile, the underemployed rate increased 0.1 percent year–on–year to 8.4 percent and 94.92 percent of economically active population was employed.

Among regions, Federal District recorded the highest jobless rate (7.4 percent), followed by Querétaro (6.95 percent) and Nayarit (6.87 percent), while Guerrero recorded the lowest one (2.05 percent).

Carolina Cunha | carolina.cunha@tradingeconomics.com
10/17/2014 3:04:11 PM


Recent Releases

Mexico Unemployment Rate Edges Down to 5.18%
Mexican jobless rate decreased slightly to 5.18 percent in August of 2014 from 5.47 percent in July. Upon seasonal adjustment, the unemployment rate decreased to 4.87 percent. Published on 2014-09-22

Mexico Unemployment Rate Falls to 4.8%
Mexican jobless rate decreased to 4.8 percent in June of 2014 from 4.92 percent in the previous month. Upon seasonal adjustment, the unemployment rate fell to 4.84 percent. Published on 2014-07-18


Calendar GMT Country Event Reference Actual Previous Consensus Forecast
2014-07-18 02:00 PM Mexico
Unemployment Rate
Jun 2014 4.80% 4.92% 4.95% 4.9%
2014-08-22 02:00 PM Mexico
Unemployment Rate
Jul 2014 5.47% 4.80% 5.0% 4.8%
2014-09-22 02:00 PM Mexico
Unemployment Rate
Aug 2014 5.18% 5.47% 5%
2014-10-17 02:00 PM Mexico
Unemployment Rate
Sep 2014 5.08% 5.18% 5.21% 5.2%
2014-11-24 02:00 PM Mexico
Unemployment Rate
Oct 2014 5.08% 5.2%


Mexico Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.08 5.18 5.93 2.22 Percent [+]
Employed Persons 49545156.00 49305839.00 50243493.00 37970852.00 [+]
Unemployed Persons 2539069.00 2484798.00 2925045.00 915418.00 [+]
Productivity 111.60 110.80 113.70 89.09 Index Points [+]
Wages 285.78 282.59 285.78 124.36 MXN [+]
Wages in Manufacturing 100.80 98.20 124.00 92.40 Index Points [+]
Labour Costs 95.80 96.60 127.55 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 [+]