Mexico Unemployment Rate  1994-2017 | Data | Chart | Calendar | Forecast

The jobless rate in Mexico decreased to 3.4 percent in December of 2016 from 3.96 percent a year earlier and below market expectations of 3.5 percent. It is the lowest jobless rate for a December month since 2005. On a seasonally adjusted basis, it increased to 3.7 percent from 3.6 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.

Mexico Unemployment Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-11-28 02:00 PM Oct 3.7% 4.1% 4.15%
2016-12-23 02:00 PM Nov 3.5% 3.7% 3.6% 3.9%
2017-01-20 02:00 PM Dec 3.4% 3.5% 3.5% 3.6%
2017-02-27 02:00 PM Jan 3.4% 3.6%
2017-03-28 02:00 PM Feb 3.6%
2017-04-21 01:00 PM Mar 3.6%




Mexico Unemployment Rate Declines to 3.4%


The jobless rate in Mexico decreased to 3.4 percent in December of 2016 from 3.96 percent a year earlier and below market expectations of 3.5 percent. It is the lowest jobless rate for a December month since 2005. On a seasonally adjusted basis, it increased to 3.7 percent from 3.6 percent.

Compared to a year earlier, the jobless rate decreased for both men (3.4 percent from 4 percent) and women (3.4 percent from 3.9 percent). Among unemployed people, 19.9 percent had not completed secondary education, and 80 percent had a higher education.

Those underemployed accounted for 6.7 percent of total employed, less than 7.6 percent a year earlier.

The participation rate declined to 59.4 percent from 59.7 percent in December of 2015.

INEGI | Joana Taborda | joana.taborda@tradingeconomics.com
1/20/2017 2:30:33 PM



Mexico Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.40 3.50 5.93 2.22 percent [+]
Employed Persons 52123674.00 52043100.00 52123674.00 37970852.00 [+]
Unemployed Persons 1911126.00 2183703.00 3012574.00 915418.00 [+]
Labor Force Participation Rate 59.40 60.00 61.47 58.18 percent [+]
Labour Costs 70.50 72.60 127.10 70.50 Index Points [+]
Productivity 108.60 108.30 113.70 91.90 Index Points [+]
Wages 318.65 317.39 321.77 129.28 MXN/Day [+]
Wages in Manufacturing 2.00 2.00 3.60 2.00 USD/Hour [+]
Minimum Wages 80.04 73.04 80.04 0.01 MXN/Day [+]
Population 122.27 121.01 122.27 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 7912.50 7951.30 11200.00 7912.50 MXN/Month [+]
Living Wage Individual 4955.00 4899.80 5371.00 4899.80 MXN/Month [+]
Employment Rate 96.63 96.49 97.23 93.58 percent [+]
Wages Low Skilled 4760.00 4550.00 5020.00 4550.00 MXN/Month [+]
Wages High Skilled 15100.00 14000.00 15100.00 13200.00 MXN/Month [+]



Mexico Unemployment Rate Notes

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 2017.

Actual Previous Highest Lowest Dates Unit Frequency
3.40 3.50 5.93 2.22 1994 - 2016 percent Monthly
NSA



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Yemen 29.00 Dec/11
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Senegal 13.40 Dec/15
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Iran 12.70 Sep/16
Brazil 12.60 Jan/17
Cape Verde 12.40 Dec/15
Egypt 12.40 Dec/16
Puerto Rico 12.10 Dec/16
Turkey 12.10 Nov/16
Georgia 12.00 Dec/15
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South Sudan 12.00 Dec/08
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Zimbabwe 11.30 Dec/14
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Finland 9.20 Jan/17
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Suriname 8.90 Dec/15
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Belgium 7.60 Dec/16
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Mauritius 7.60 Sep/16
Bolivia 7.40 Dec/13
Honduras 7.30 Dec/15
Sweden 7.30 Jan/17
Venezuela 7.30 Apr/16
Oman 7.20 Dec/14
Peru 7.20 Jan/17
Comoros 7.00 Dec/12
El Salvador 7.00 Dec/14
Brunei 6.90 Dec/14
Paraguay 6.90 Sep/16
Togo 6.90 Dec/13
Canada 6.80 Jan/17
Haiti 6.80 Dec/14
Ireland 6.80 Jan/17
Nicaragua 6.80 Dec/14
Swaziland 6.70 Dec/13
Burkina Faso 6.60 Dec/14
Estonia 6.60 Dec/16
Malawi 6.60 Dec/13
Lebanon 6.40 Dec/14
Luxembourg 6.20 Jan/17
Chile 6.10 Dec/16
Pakistan 5.90 Dec/15
Australia 5.70 Jan/17
Saudi Arabia 5.70 Sep/16
Indonesia 5.61 Sep/16
Cayman Islands 5.60 Dec/15
Chad 5.60 Dec/13
Panama 5.60 Dec/16
Russia 5.60 Jan/17
Romania 5.50 Dec/16
Czech Republic 5.30 Jan/17
Ivory Coast 5.30 Dec/13
Netherlands 5.30 Jan/17
Ecuador 5.20 Dec/16
Ghana 5.20 Dec/13
New Zealand 5.20 Dec/16
Azerbaijan 5.00 Dec/15
India 4.90 Dec/13
Kazakhstan 4.90 Jan/17
Malta 4.80 Sep/16
United Kingdom 4.80 Dec/16
United States 4.80 Jan/17
Philippines 4.70 Dec/16
Sri Lanka 4.50 Sep/16
Hungary 4.40 Dec/16
Norway 4.40 Dec/16
Trinidad and Tobago 4.40 Jun/16
Bangladesh 4.30 Dec/14
Denmark 4.30 Dec/16
Israel 4.30 Jan/17
Seychelles 4.20 Dec/15
United Arab Emirates 4.20 Dec/12
North Korea 4.10 Dec/14
China 4.02 Dec/16
Myanmar 4.02 Dec/13
Cameroon 4.00 Dec/13
Germany 3.90 Dec/16
Taiwan 3.84 Jan/17
Liberia 3.80 Dec/14
Uganda 3.80 Dec/13
Bahrain 3.70 Dec/12
Switzerland 3.70 Jan/17
Iceland 3.60 Jan/17
South Korea 3.60 Jan/17
Malaysia 3.50 Dec/16
Mexico 3.40 Dec/16
Hong Kong 3.30 Jan/17
Sierra Leone 3.30 Dec/14
Guatemala 3.10 Jun/16
Japan 3.10 Dec/16
Nepal 3.00 Dec/14
Moldova 2.90 Sep/16
Bhutan 2.50 Dec/16
Papua New Guinea 2.50 Dec/14
Cuba 2.40 Dec/15
Liechtenstein 2.40 Dec/15
Tajikistan 2.40 Nov/16
Niger 2.25 Dec/08
Kuwait 2.20 Dec/15
Kyrgyzstan 2.20 Dec/16
Singapore 2.20 Dec/16
Vietnam 2.14 Sep/16
Macau 1.90 Dec/16
Guinea 1.70 Dec/13
Laos 1.40 Dec/14
Madagascar 1.20 Dec/12
Thailand 1.20 Jan/17
Benin 1.00 Dec/13
Belarus 0.90 Feb/17
Cambodia 0.50 Dec/15
Qatar 0.20 Sep/16