Labour Costs in Mexico increased to 102.60 points in February from 99.50 points in January of 2021. source: Instituto Nacional de Estadística y Geografía (INEGI)

Labour Costs in Mexico averaged 94.19 points from 2007 until 2021, reaching an all time high of 132.40 points in December of 2019 and a record low of 71.50 points in January of 2017. This page provides - Mexico Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news. Mexico Labour Costs - values, historical data and charts - was last updated on April of 2021.

Labour Costs in Mexico is expected to be 105.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labour Costs in Mexico to stand at 105.00 in 12 months time. In the long-term, the Mexico Labour Costs is projected to trend around 105.00 points in 2022, according to our econometric models.

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Mexico Labour Costs

Actual Previous Highest Lowest Dates Unit Frequency
102.60 99.50 132.40 71.50 2007 - 2021 points Monthly
NSA, 2008=100

Mexico Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.40 4.70 6.42 2.22 percent [+]
Employed Persons 53331429.00 51011033.00 55683450.00 37970852.00 [+]
Unemployed Persons 2549487.00 2769491.00 3012574.00 915418.00 [+]
Labor Force Participation Rate 56.10 56.40 61.47 47.40 percent [+]
Labour Costs 102.60 99.50 132.40 71.50 points [+]
Productivity 93.40 94.90 104.70 80.30 points [+]
Wages 427.45 429.72 429.72 129.28 MXN/Day [+]
Wages in Manufacturing 2.90 2.80 3.80 2.00 USD/Hour [+]
Minimum Wages 141.70 141.70 141.70 0.01 MXN/Day [+]
Population 126.58 125.33 126.58 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 95.63 95.27 97.23 93.58 percent [+]