Mexico Unemployed Persons  Forecast


Unemployed Persons in Mexico is expected to be 2300000.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployed Persons in Mexico to stand at 1726627.09 in 12 months time. In the long-term, the Mexico Unemployed Persons is projected to trend around 23600000.00 in 2020, according to our econometric models.


Mexico Unemployed Persons
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Mexico Labour Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Unemployment Rate 3.4 3.8 3.8 4.2 4.2 4.2
Employed Persons 52198611 51800000 51900000 51900000 51900000 52500000
Unemployed Persons 1870180 2300000 2370000 1750436 1726627 23600000
Labor Force Participation Rate 59.8 59.88 59.88 59.85 59.84 59.84
Labour Costs 84.6 81 101 75.67 75.64 105
Productivity 104 109 109 109 109 115
Wages 337 331 332 330 348 377
Wages in Manufacturing 2.3 2.1 2.3 2.3 2.3 2.4
Minimum Wages 80.04 80.04 80.04 86.02 86.02 96.17
Population 122 124 124 125 125 128
Retirement Age Women 65 65 65 65 65 65
Retirement Age Men 65 65 65 65 65 65
Living Wage Family 7912 8033 8047 8055 8061 8070
Living Wage Individual 4955 5076 5088 5096 5100 5107
Employment Rate 96.59 96.05 96.1 96.61 96.6 96
Wages Low Skilled 4760 4878 4878 4879 4879 5800
Wages High Skilled 15100 15700 15700 15800 15900 17400