Mexico Unemployment Rate  1994-2017 | Data | Chart | Calendar | Forecast

The unemployment rate in Mexico fell to 3.3 percent in June of 2017 from 3.9 percent a year earlier and below market expectations of 3.5 percent. It is the lowest jobless rate for a June month since 2008. When adjusted for seasonality, the unemployment fell to 3.3 percent from 3.5 percent. Unemployment Rate in Mexico averaged 3.78 percent from 1994 until 2017, reaching an all time high of 6.42 percent in September of 2009 and a record low of 2.22 percent in March of 1997.

Mexico Unemployment Rate
Please Paste this Code in your Website
width
height
Receive the next reported value for Mexico Unemployment Rate in you Inbox



We will not not share your email with third parties and you can unsubscribe at any time.
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.



Calendar GMT Actual Previous Consensus Forecast (i)
2017-05-26 01:00 PM Apr 3.5% 3.2% 3.32% 3.3%
2017-06-26 01:00 PM May 3.6% 3.5% 3.6% 3.4%
2017-07-21 01:00 PM Jun 3.3% 3.6% 3.5% 3.5%
2017-08-25 01:00 PM Jul 3.3% 3.4%
2017-09-26 01:00 PM Aug 3.4%
2017-10-20 01:00 PM Sep 3.4%




Mexico Jobless Rate Below Expectations


The unemployment rate in Mexico fell to 3.3 percent in June of 2017 from 3.9 percent a year earlier and below market expectations of 3.5 percent. It is the lowest jobless rate for a June month since 2008. When adjusted for seasonality, the unemployment fell to 3.3 percent from 3.5 percent.

Compared to June of 2016, the jobless rate fell for both men (3.2 percent from 3.8 percent) and women (3.4 percent from 4.1 percent). Among unemployed people, 17.5 percent had not completed secondary education and 82.4 percent had a higher education.

Those underemployed accounted for 7.1 percent of total employed, lower than 7.7 percent a year earlier.

The participation rate edged up to 59.4 percent from 59.3 percent in June of 2016.

INEGI | Joana Taborda | joana.taborda@tradingeconomics.com
7/21/2017 1:11:29 PM



Mexico Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.30 3.60 6.42 2.22 percent [+]
Employed Persons 51859895.00 52123674.00 52123674.00 37970852.00 [+]
Unemployed Persons 1821825.00 1911126.00 3012574.00 915418.00 [+]
Labor Force Participation Rate 59.40 59.42 61.47 58.18 percent [+]
Labour Costs 77.80 79.80 127.10 66.60 Index Points [+]
Productivity 109.90 108.90 113.70 91.90 Index Points [+]
Wages 335.59 330.10 335.59 129.28 MXN/Day [+]
Wages in Manufacturing 2.30 2.30 3.60 1.90 USD/Hour [+]
Minimum Wages 80.04 80.04 80.04 0.01 MXN/Day [+]
Population 122.27 121.01 122.27 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 [+]
Living Wage Family 7912.50 7951.30 11200.00 7912.50 MXN/Month [+]
Living Wage Individual 4955.00 4899.80 5371.00 4899.80 MXN/Month [+]
Employment Rate 96.73 96.44 97.23 93.58 percent [+]
Wages Low Skilled 4760.00 4550.00 5020.00 4550.00 MXN/Month [+]
Wages High Skilled 15100.00 14000.00 15100.00 13200.00 MXN/Month [+]


Mexico Unemployment Rate Notes

In Mexico, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides the latest reported value for - Mexico Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Mexico Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on July of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
3.30 3.60 6.42 2.22 1994 - 2017 percent Monthly
NSA



unemployment rate by Country

Last
Spain 18.75 Mar/17
Brazil 13.30 May/17
Italy 11.30 May/17
Turkey 10.50 Apr/17
France 9.60 Mar/17
Euro Area 9.30 May/17
Canada 6.50 Jun/17
Australia 5.60 Jun/17
Indonesia 5.33 Mar/17
Russia 5.10 Jun/17
India 4.90 Dec/13
Netherlands 4.90 Jun/17
United Kingdom 4.50 May/17
United States 4.40 Jun/17
China 3.97 Mar/17
Germany 3.90 May/17
South Korea 3.80 Jun/17
Mexico 3.30 Jun/17
Japan 3.10 May/17
Switzerland 3.00 Jun/17