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

Unemployment Rate in Mexico decreased to 3.86 percent in March of 2015 from 4.33 percent in February 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
3.86 4.33 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. 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 Wednesday, May 27, 2015.

Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-02-27 02:00 PM Jan 4.51% 3.76% 4.45% 4.1%
2015-03-27 02:00 PM Feb 4.33% 4.51% 4.25% 4.1%
2015-04-27 02:00 PM Mar 3.86% 4.33% 4.2% 4%
2015-05-28 02:00 PM Apr 3.86% 4.11% 4%
2015-06-26 02:00 PM May 4%
2015-07-24 02:00 PM Jun 4%


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.

The labour force participation rate decreased marginally to 59.3 percent in March from 59.4 percent in February. 96.1 percent were working, up from 95.7 percent in the previous month but 7.5 percent said could work more hours, less 1 percent than in February.

Upon seasonal adjustment, the unemployment rate was 4.24 percent in March. 

A year earlier, the unemployment was 4.8 percent.

Joana Taborda | joana.taborda@tradingeconomics.com
4/27/2015 4:48:34 PM


Recent Releases

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 3.86 4.33 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 112.70 112.60 113.70 91.90 Index Points [+]
Wages 292.34 293.45 294.45 124.36 MXN/Day [+]
Wages in Manufacturing 98.60 94.80 122.90 92.50 Index Points [+]
Labour Costs 82.80 86.30 127.10 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 68.33 69.26 0.01 MXN/Day [+]


Unemployment Rate Reference Previous Highest Lowest Unit
Australia 6.20 Apr/15 6.10 10.90 4.00 percent [+]
Brazil 6.40 Apr/15 6.20 13.10 4.30 percent [+]
Canada 6.80 Apr/15 6.80 13.10 2.90 percent [+]
China 4.10 Mar/15 4.10 4.30 3.90 percent [+]
Euro Area 11.30 Mar/15 11.30 12.00 7.20 percent [+]
France 10.40 Nov/14 10.30 10.80 7.20 percent [+]
Germany 4.70 Mar/15 4.70 14.20 0.40 percent [+]
India 4.90 Dec/13 5.20 9.40 4.90 percent [+]
Indonesia 5.94 Aug/14 5.70 11.24 2.00 percent [+]
Italy 13.00 Mar/15 12.70 13.20 5.90 percent [+]
Japan 3.40 Mar/15 3.50 5.60 1.00 percent [+]
Mexico 3.86 Mar/15 4.33 5.93 2.22 percent [+]
Netherlands 7.00 Apr/15 7.00 7.90 3.60 percent [+]
Russia 5.80 Apr/15 5.90 14.10 4.80 percent [+]
South Korea 3.70 Apr/15 3.70 7.10 2.90 percent [+]
Spain 23.78 Feb/15 23.70 26.94 4.41 percent [+]
Switzerland 3.30 Apr/15 3.40 5.40 1.60 percent [+]
Turkey 11.20 Feb/15 11.30 14.80 7.30 percent [+]
United Kingdom 5.50 Mar/15 5.60 12.00 3.40 percent [+]
United States 5.40 Apr/15 5.50 10.80 2.50 percent [+]