Mexico Unemployment Rate

Unemployment Rate in Mexico decreased to 4.51 percent in March of 2013 from 4.85 percent in February of 2013. Unemployment Rate in Mexico is reported by the Instituto Nacional de Estadística y Geografía. Historically, from 1994 until 2013, Mexico Unemployment Rate averaged 3.69 Percent 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. In Mexico, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page includes a chart with historical data for Mexico Unemployment Rate.

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Mexico Unemployment Rate
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Mexico Unemployment Rate Down To 4.51% In March
Duarte Ricardo | duarte.ricardo@tradingeconomics.com  |  5/7/2013 4:56:16 PM


Mexico unemployment rate drops for the second consecutive month in March.

Mexico recorded an unemployment rate of 4.51 percent in the third month of 2013, below the 4.7 percent forecasted and down from the 4.85 percent registered in the previous month.

The unemployment rate for women was higher than for men, 4.60 percent and 4.46 percent respectively. 
 
In March, the share of underemployed persons in the total labor force declined to 7.79 percent from 8.32 percent registered in the same month a year earlier. In the same period, the participation rate was 57.83 percent, lower than the 58.76 percent recorded in March of 2012.
 
In seasonally adjusted terms, in March, the unemployment rate rose to 5.01 percent from 4.74 percent in February.
 
Urban unemployment, based on the country´s 32 largest cities, declined to 5.24 percent from 5.39 percent in March of 2012 and was also down from February in seasonally adjusted terms.

ARCHIVE
Mexico Unemployment Rate Down to 4.85 Percent in February Mexico recorded an unemployment rate of 4.85 percent in the second month of 2013. 2013-03-25
Mexico Unemployment Rate at 5.12% in November The unemployment rate in Mexico increased from 5.04% in the last month to 5.12% in November of 2012 according to a release by the National Statistics Institute. 2012-12-21
Mexico Unemployment Rate Up To 5.27% in January Mexico recorded an unemployment rate of 5.27 percent, seasonally adjusted, in the first month of 2013. 2013-02-22
Mexican Unemployment Rate at 5.04% in October The unemployment rate in Mexico increased slightly from 5.01% in the last month to 5.04% in October of 2012 according to a release by the National Statistics Institute. 2012-12-14
Mexico Unemployment Rate at 4.47% in December The unemployment rate in Mexico has fallen from 5.12 percent in November to 4.47 percent in December of 2012, according to a release by the National Statistics Institute. 2013-01-21



Unemployment Rate | Notes

The unemployment rate can be defined as the number of people actively looking for a job divided by the labour force. Changes in unemployment depend mostly on inflows made up of non-employed people starting to look for jobs, of employed people who lose their jobs and look for new ones and of people who stop looking for employment.






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