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

Unemployment Rate in Mexico decreased to 3.70 percent in March from 4.15 percent in February of 2016. 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
3.70 4.15 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)
2016-02-26 02:00 PM Jan 4.24% 3.96% 4.4% 4%
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 3.7% 4%
2016-06-28 01:00 PM May 3.9%
2016-07-27 01:00 PM Jun 3.9%

Mexico Jobless Rate at Nearly 8-Year Low


Mexico unemployment rate came in at 3.74 percent in March of 2016, down from 4.15 percent in February and reaching the lowest value since May of 2008.

Compared to the previous month, unemployment fell for both men (3.82 percent from 4.03 percent) and women (3.6 percent from 4.34 percent). Among unemployed, 19.7 percent had not completed secondary education and 80.3 percent had a higher education level.

Upon seasonal adjustment, the unemployment rate went down to 4.2 percent from 4.3 percent in February. The labor force participation rate fell by 0.4 p.p. to 59.0 percent. 95.8 percent were working while 7.9 percent said could work more hours.

A year earlier, unemployment rate was higher at 3.86 percent.

INEGI | Francisco Caeiro | francisco.caeiro@tradingeconomics.com
4/27/2016 2:51:18 PM

Mexico Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.70 4.15 5.93 2.22 percent [+]
Employed Persons 51568519.00 50734656.00 51568519.00 37970852.00 [+]
Unemployed Persons 2240498.00 2445263.00 3012574.00 915418.00 [+]
Labor Force Participation Rate 60.42 59.96 61.10 58.70 percent [+]
Labour Costs 72.10 74.90 127.10 72.10 Index Points [+]
Productivity 111.40 108.00 113.70 91.90 Index Points [+]
Wages 292.05 293.28 298.33 124.36 MXN/Day [+]
Wages in Manufacturing 2.10 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 [+]
Employment Rate 96.26 95.85 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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