Labour Costs in Mexico decreased to 89.70 points in July from 93.20 points in June of 2020.

Labour Costs in Mexico averaged 94.03 points from 2007 until 2020, 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 September of 2020. source: Instituto Nacional de Estadística y Geografía (INEGI)

Labour Costs in Mexico is expected to be 103.00 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 2021, according to our econometric models.

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Mexico Labour Costs

Actual Previous Highest Lowest Dates Unit Frequency
89.70 93.20 132.40 71.50 2007 - 2020 points Monthly
NSA, 2008=100

Mexico Labour Last Previous Highest Lowest Unit
Unemployment Rate 2.90 3.60 6.42 2.22 percent [+]
Employed Persons 55352304.00 55683450.00 55683450.00 37970852.00 [+]
Unemployed Persons 1976060.00 1942071.00 3012574.00 915418.00 [+]
Labor Force Participation Rate 59.80 60.10 61.47 58.18 percent [+]
Labour Costs 89.70 93.20 132.40 71.50 points [+]
Productivity 89.40 90.80 104.70 80.40 points [+]
Wages 404.13 405.20 408.02 129.28 MXN/Day [+]
Wages in Manufacturing 3.00 3.10 3.80 2.00 USD/Hour [+]
Minimum Wages 123.22 123.22 123.22 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 97.06 96.43 97.23 93.58 percent [+]