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

Unemployment Rate in Mexico decreased to 3.76 percent in December of 2014 from 4.53 percent in November 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).

      Forecast    
Mexico Unemployment Rate


Actual Previous Highest Lowest Dates Unit Frequency
3.76 4.53 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 Thursday, January 29, 2015.


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.

Upon seasonal adjustment, the unemployment rate fell to 4.25 percent.

Among regions, Tabasco recorded the highest jobless rate (6.47 percent), followed by Baja California Sur (6.29 percent) and Distrito Federal (5.93 percent), while Guerrero recorded the lowest one (2.24 percent).

In December of 2014, the labour force participation rate decreased to 59.86 percent from 61.08 percent in the same month of the previous year. 96.24 percent of the Mexican population were employed (67.4 percent as employees and 22.9 were self-employed)

Carolina Cunha | carolina.cunha@tradingeconomics.com
1/16/2015 6:26:18 PM


Recent Releases

Mexico Unemployment Rate Down to 11-Month Low
Mexican jobless rate decreased for the fourth straight month to 4.53 percent in November of 2014 from 4.78 percent in the previous month. Published on 2014-12-19

Mexico Unemployment Rate Falls Further
Mexican jobless rate decreased to 4.78 percent in October of 2014 from 5.08 percent in the previous month. It is the lowest rate since February of 2014. Published on 2014-11-24


Calendar GMT Event Actual Previous Consensus Forecast (i)
2014-11-24 02:00 PM
Unemployment Rate  Oct
4.78% 5.08% 5.1%
2014-12-19 02:00 PM
Unemployment Rate  Nov
4.53% 4.78% 4.6% 4.9%
2015-01-16 02:00 PM
Unemployment Rate  Dec
3.76% 4.53% 4.23% 4%
2015-02-27 02:00 PM
Unemployment Rate  Jan
3.76% 4.1%
2015-03-27 02:00 PM
Unemployment Rate  Feb
4.1%
2015-04-27 02:00 PM
Unemployment Rate  Mar
4%


Mexico Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.76 4.53 5.93 2.22 percent [+]
Employed Persons 49702475.00 49545156.00 50243493.00 37970852.00 [+]
Unemployed Persons 2746235.00 2539069.00 3012574.00 915418.00 [+]
Productivity 110.50 109.60 113.70 91.90 Index Points [+]
Wages 281.46 280.04 285.78 124.36 MXN [+]
Wages in Manufacturing 96.00 100.60 122.90 92.50 Index Points [+]
Labour Costs 93.50 91.20 127.10 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 65.58 65.58 65.58 0.01 MXN [+]


Unemployment Rate Reference Previous Highest Lowest Unit
Australia 6.10 Dec/14 6.20 10.90 4.00 percent [+]
Brazil 4.30 Dec/14 4.80 13.10 4.30 percent [+]
Canada 6.70 Dec/14 6.70 13.10 2.90 percent [+]
China 4.10 Nov/14 4.10 4.30 3.90 percent [+]
Euro Area 11.50 Nov/14 11.50 12.00 7.20 percent [+]
France 10.40 Aug/14 10.10 10.80 7.20 percent [+]
Germany 4.80 Dec/14 4.90 14.20 0.40 percent [+]
India 5.20 Dec/12 6.30 9.40 5.20 percent [+]
Indonesia 5.94 Aug/14 5.70 11.24 2.00 percent [+]
Italy 13.40 Nov/14 13.30 13.40 5.90 percent [+]
Japan 3.50 Nov/14 3.50 5.60 1.00 percent [+]
Mexico 3.76 Dec/14 4.53 5.93 2.22 percent [+]
Netherlands 8.10 Dec/14 8.00 8.80 3.40 percent [+]
Russia 5.30 Dec/14 5.20 14.10 4.80 percent [+]
South Korea 3.50 Dec/14 3.40 7.10 2.90 percent [+]
Spain 23.70 Nov/14 23.67 26.94 4.41 percent [+]
Switzerland 3.40 Dec/14 3.20 5.40 1.60 percent [+]
Turkey 10.40 Oct/14 10.50 16.10 8.00 percent [+]
United Kingdom 5.80 Nov/14 6.00 12.00 3.40 percent [+]
United States 5.60 Dec/14 5.80 10.80 2.50 percent [+]