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Mexico Jobless Rate Falls to 4% in June
The Mexican unemployment rate dropped to 4.0 percent in June of 2021, from 5.5 percent in the same month in 2020. The latest data showed a marked improvement in the Mexican labor market, as the number of employed persons increased by 7.0 million from a year earlier to 55.1 million, while the unemployed population shrank by 0.5 million to 2.3 million people. At the same time, the economically active population expanded by 6.5 million to 57.4 million, pushing the labor force participation rate higher to 58.5 percent, from 53.1 percent in June of 2020. On a seasonally adjusted basis, the jobless rate edged down to 4.0 percent from an upwardly revised 4.2 percent in May.
Published on 2021-07-26

Mexico Jobless Rate Retreats to 4% in May
The Mexican unemployment rate eased to 4.0 percent in May of 2021, from 4.2 percent in the same month in 2020 and was lower than market expectations of 4.5 percent. The latest data showed a marked improvement in the Mexican labor market, as the economy added 11.6 million people to the employed population, which stood at 54.9 million in May and accounted for 96 percent of the labor force. At the same time, the economically active population expanded by 12.0 million to 57.2 million, pushing the labor force participation rate higher to 58.7 percent, from 47.4 percent in May of 2020. Meanwhile, the number of unemployed rose by 388 thousand to 2.3 million. On a seasonally adjusted basis, the jobless rate went down to 4.1 percent from 4.5 percent in April.
Published on 2021-06-24

Mexico Jobless Rate at 4.7% in April
The unemployment rate in Mexico was at 4.7 percent in April of 2021, the same as in April of 2020. It was the highest jobless rate since January, as more people looked for work. The labour force climbed by 12.7 million to 57.5 million. At the same time, the number of unemployed rose by 574 thousand to 2.7 million while employed increased by 12.1 million to 54.8 million. When adjusted for seasonality, the jobless rate went up to 4.7 percent from 4.4 percent in March.
Published on 2021-05-27

Mexico Jobless Rate at 3.9%
The unemployment rate in Mexico jumped to 3.9 percent in March of 2021 from 2.9 percent in the corresponding month of the previous year and below market expectations of 4.2 percent, as the coronavirus pandemic continues to erase jobs in most industries. The number of unemployed increased by 493 thousand to 2.2 million while employed fell by 2 million to 53.8 million. Meantime, the labour force decreased by 1.5 million to 56 million. Job losses were primarily observed in services (-2.4 million), namely trade (-782 thousand) and restaurants & hotels (-498 thousand); and in the industrial sector (-315 thousand), mainly manufacturing (-140 thousand) and construction (-124 thousand). On the other hand, the primary sector added 800 thousand jobs. When adjusted for seasonality, the jobless rate was 4.4 percent, easing from 4.5 percent in the prior month.
Published on 2021-04-22

Mexico Jobless Rate Rises to 4.4% in February
The unemployment rate in Mexico rose to 4.4 percent in February of 2021 from 3.6 percent in the corresponding month of the previous year and matching market expectations, amid the ongoing pandemic crisis. The number of unemployed increased by 362 thousand to 2.4 million while employed fell by 2.7 million to 53 million. Meantime, the labour force decreased by 2.4 million to 55.5 million. Job losses were primarily observed in services (-2.1 million), namely trade (-598 thousand) and restaurants & hotels (-598 thousand). Conversely, the industrial sector added jobs (+99 thousand), amid increases in construction (+138 thousand) and manufacturing (+7 thousand). When adjusted for seasonality, the jobless rate was 4.5 percent, unchanged from the previous month.
Published on 2021-03-24

Mexico Jobless Rate Rises to 3-Month High of 4.7%
The unemployment rate in Mexico rose to 4.7 percent in January of 2021 from 3.8 percent in the corresponding month of the previous year. It was the highest jobless rate since November 2020, as the number of unemployed people increased by 3.9 million to 9.5 million. The unemployment rate increased for both men (4.8 percent from 3.7 percent) and women (4.6 percent from 4 percent). When adjusted for seasonality, the jobless rate went up to 4.5 percent from 4.4 percent in December.
Published on 2021-02-25

Mexico Jobless Rate Falls More than Expected
The unemployment rate in Mexico dropped to 3.8 percent in December of 2020 from 4.4 percent in the previous month and below market expectations of 4.3 percent. It was the lowest jobless rate since March as the labor market continued to recover from the pandemic shock. Between November and December of 2020, the number of unemployed people fell by 331 thousand to 2.1 million while the number of employed decreased by 95 thousand to 52.8 million. At the same time, the labor force declined by 426 thousand to 54.9 million. A year earlier, the jobless rate was much lower at 2.9 percent.
Published on 2021-01-21

Mexico Jobless Rate Falls More than Expected
The unemployment rate in Mexico dropped to 4.4 percent in November of 2020 from 4.7 percent in the previous month and below market expectations of 4.5 percent. Figures confirmed the labor market continued to recover amid the ongoing reopening of businesses following coronavirus lockdown restrictions. Between October and November of 2020, the number of unemployed people fell by 191 thousand to 2.4 million while the number of employed stood at 53 million. In contract there was a decrease in active population (55.4 million from 55.6 million in October. A year earlier, the jobless rate was much lower at 3.4 percent.
Published on 2020-12-24

Mexico Jobless Rate Falls More than Expected
The unemployment rate in Mexico dropped to 4.7 percent in October of 2020 from 5.1 percent in the previous month and below market expectations of 5 percent, still remaining at levels not seen since 2014. Figures confirmed the labor market continued to recover amid the ongoing reopening of businesses following coronavirus lockdown restrictions. Between September and October 2020, there were increases in both active population (55.6 million compared to 53.8 million in September) and employment (53 million compared to 51.1 million) while the number of unemployed people fell by 129 thousand to 2.6 million. A year earlier, the jobless rate was much lower at 3.6 percent.
Published on 2020-11-24

Mexico Jobless Rate Unexpectedly Falls
The unemployment rate in Mexico fell to 5.1 percent in September of 2020 from 5.2 percent in the previous month and below market expectations of 5.3 percent. Still, the jobless rate remains among one of the highest since 2014 as the coronavirus pandemic hit the labour market. The jobless rate dropped for women (4.5 percent compared to 5.2 percent in August) while rose for men (5.4 percent compared to 5.3 percent). Between August and September 2020, there were increases in both active population (53.8 million compared to 53.2 million) and employment (51.1 million compared to 50.4 million) while the number of unemployed people was nearly unchanged at 2.7 million. A year earlier, the jobless rate was much lower at 3.8 percent.
Published on 2020-10-21

Mexico Jobless Rate Near 6-Year High of 5.2%
The unemployment rate in Mexico edged down to 5.2 percent in August of 2020 from 5.4 percent in July, but remained at levels not seen 2014, due to the coronavirus crisis. Figures confirmed the labor market continued to recover, although slower than in the previous month, amid the gradual reopening of businesses and companies in non-essential economic activities. Between July and August 2020, there were increases in both active population (53.2 million compared to 52.6 million in July) and employment (50.4 million compared to 49.7 million) while the number of unemployed people was nearly unchanged at 2.8 million. A year earlier, the jobless rate was much lower at 3.7 percent.
Published on 2020-09-28

Mexico Jobless Rate Falls to 2.9% in March
The unemployment rate in Mexico fell to 2.9 percent in March 2020 from 3.2 in the corresponding month of the previous year. The jobless rate dropped for both men (2.9 percent from 3.2 percent) and women (3.0 percent from 3.4 percent). Among unemployed people, 14 percent had not completed secondary education while 86 percent had a higher education. Meantime, the participation rate went down to 59.8 percent from 60.0 percent a year earlier. When adjusted for seasonality, the jobless rate declined to 3.3 percent from 3.7 percent in February.
Published on 2020-04-27

Mexico Jobless Rate Rises to 3.6% in February
The unemployment rate in Mexico increased to 3.6 percent in February 2020 from 3.3 percent in the same month of the previous year, matching market expectations. The jobless rate rose for both men (3.5 percent from 3.2 percent) and women (3.6 percent from 3.5 percent). Among unemployed people, 11.3 percent had not completed secondary education while 88.7 percent had a higher education. Meantime, the participation rate went up to 60.1 percent from 59.2 percent a year earlier. When adjusted for seasonality, the jobless rate was at 3.7 percent, the same as in January.
Published on 2020-03-26

Mexico Jobless Rate Rises to 3.8% in January
The unemployment rate in Mexico rose to 3.8 percent in January 2020 from 3.6 percent in the corresponding month of the previous year and above market expectations of 3.4 percent. The jobless rate increased for both men (3.7 percent from 3.4 percent) and women (4 percent from 3.8 percent). Among unemployed people, 14.2 percent had not completed secondary education while 85.8 percent had a higher education. Meantime, the participation rate went up to 59.7 percent from 59.2 percent a year earlier. When adjusted for seasonality, the jobless rate increased to 3.7 percent from 3.1 percent in December.
Published on 2020-02-27

Mexico Jobless Rate Falls to Over 1-1/2-Year Low
The unemployment rate in Mexico fell to 2.9 percent in December 2019 from 3.4 percent in the same month of the previous year and below market expectations of 3.5 percent, reaching its lowest since March 2018. The jobless rate dropped for both men (3.0 percent from 3.4 percent) and women (2.7 percent from 3.2 percent). Among unemployed people, 16.5 percent had not completed secondary education while 83.4 percent had a higher education. Meantime, the participation rate rose to 60.2 percent from 59.5 percent a year earlier. When adjusted for seasonality, the jobless rate went down to 3.1 percent from 3.5 percent in November.
Published on 2020-01-21

Mexico Jobless Rate Rises to 3.5% in November
The unemployment rate in Mexico increased to 3.5 percent in November 2019 from 3.3 percent in the corresponding month of the previous year and in line with market expectations. The jobless rate went up for men (3.3 percent vs 3.2 percent in November 2018) and women (3.7 percent vs 3.5 percent). Meantime, the activity rate rose marginally to 60.2 percent from 59.7 percent a year earlier.
Published on 2019-12-24

Mexico Jobless Rate Rises to 3.6% in October
The unemployment rate in Mexico increased to 3.6 percent in October 2019 from 3.2 percent in the corresponding month of the previous year but below market expectations of 3.8 percent. The jobless rate went up for men (3.7 percent vs 3.0 percent in October 2018) while it remained unchanged for women (at 3.6 percent). In October, about 16.2 percent of unemployed did not have a full secondary education while 83.7 percent had a higher education. Meantime, the activity rate rose marginally to 60.2 percent from 59.3 percent a year earlier. When adjusted for seasonality, the jobless rate edged up to 3.6 percent from 3.5 percent in the prior month.
Published on 2019-11-27

Mexico Jobless Rate Falls to 3.8% in September
The unemployment rate in Mexico rose to 3.8 percent in September 2019 from 3.6 percent in the corresponding month of the previous year and matching market expectations. The jobless rate increased for men (3.8 percent from 3.4 percent) while dropped for women (3.8 percent from 3.9 percent). In September, about 16.3 percent of unemployed did not have a full secondary education while 83.7 percent had a higher education. Meantime, the activity rate went up to 60.1 percent from 59.5 percent a year earlier. When adjusted for seasonality, the jobless rate was at 3.5 percent, lower than a 3.6 percent in August.
Published on 2019-10-22

Mexico Jobless Rate Rises to 3.7% in August
The unemployment rate in Mexico increased to 3.7 percent in August 2019 from 3.5 percent in the same month of the previous year and matching market expectations. The jobless rate advanced for men (3.9 percent from 3.2 percent in August 2018) while fell for women (3.6 percent from 3.9 percent). In August, about 13 percent of unemployed did not have a full secondary education while 87 percent had a higher education. Meantime, the activity rate rose to 60.4 percent from 60 percent a year earlier. When adjusted for seasonality, the jobless rate was at 3.6 percent, unchanged from the prior month.
Published on 2019-09-25

Mexico Jobless Rate at Near 3-Year High of 3.7%
The unemployment rate in Mexico rose to 3.7 percent in July 2019 from 3.5 percent in the same month of the previous year. That was the highest jobless rate since October 2016. The jobless rate went up for both women (4.0 percent vs 3.8 percent in July 2019) and men (3.5 percent vs 3.3 percent). In July, about 13.4 percent of unemployed did not have a full secondary education while 86.5 percent had a higher education. Meantime, the activity rate increased to 60.5 percent from 59.7 percent a year ago. When adjusted for seasonality, the jobless rate came in at 3.6 percent, unchanged from the previous month.
Published on 2019-08-27