Labour Costs in Mexico decreased to 98.40 points in August from 101.90 points in July of 2021. source: Instituto Nacional de Estadística y Geografía (INEGI)

Labour Costs in Mexico averaged 94.36 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 October 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. 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

Mexico Last Unit Reference Previous Highest Lowest
Unemployment Rate 4.20 percent Sep/21 4.30 6.42 2.22
Unemployed Persons 2425506.00 Jun/21 2411863.00 3012574.00 915418.00
Employed Persons 55242748.00 Jun/21 52973270.00 55683450.00 37970852.00
Labor Force Participation Rate 58.40 percent Sep/21 59.40 61.47 47.20
Productivity 93.50 points Aug/21 91.10 104.70 80.30
Labour Costs 98.40 points Aug/21 101.90 132.40 71.50
Wages in Manufacturing 2.80 USD/Hour Aug/21 2.80 3.80 2.00
Employment Rate 95.67 percent Aug/21 95.62 97.23 93.58