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

The unemployment rate in Mexico decreased to 3.5 percent in April of 2017 from 3.8 percent a year ago but worse than market expectations of 3.32 percent. On a seasonally adjusted basis, it rose to 3.5 percent from 3.2 percent in March. 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
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-03-28 02:00 PM Feb 3.4% 3.6% 3.65% 3.4%
2017-04-21 01:00 PM Mar 3.2% 3.4% 3.2% 3.5%
2017-05-26 01:00 PM Apr 3.5% 3.2% 3.32% 3.3%
2017-06-26 01:00 PM May 3.5% 3.4%
2017-07-21 01:00 PM Jun 3.4%
2017-08-25 01:00 PM Jul 3.5%




Mexico Jobless Rate Falls To 3.5% In April


The unemployment rate in Mexico decreased to 3.5 percent in April of 2017 from 3.8 percent a year ago but worse than market expectations of 3.32 percent. On a seasonally adjusted basis, it rose to 3.5 percent from 3.2 percent in March.

Compared to a year earlier, the unemployment rate declined for men (3.3 percent from 3.9 percent) and was steady for women (3.7 percent). Among unemployed people, 18.3 percent had not completed secondary education and 81.7 percent had a higher eduaction.

Those underemployed accounted for 7.6 percent of total employed, higher than 7.5 percent a year earlier.

The participation rate decreased to 58.93 percent from 59.35 in April of 2016.

INEGI |Luisa Carvalho | luisa.carvalho@tradingeconomics.com
5/26/2017 1:24:28 PM



Mexico Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.50 3.19 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 58.93 59.35 61.47 58.18 percent [+]
Labour Costs 73.20 70.90 127.10 66.60 Index Points [+]
Productivity 110.20 110.90 113.70 91.90 Index Points [+]
Wages 329.73 331.43 331.43 129.28 MXN/Day [+]
Wages in Manufacturing 2.20 2.00 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 96.54 96.81 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 May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
3.50 3.19 6.42 2.22 1994 - 2017 percent Monthly
NSA



unemployment rate by Country

Last
Spain 18.75 Mar/17
Brazil 13.70 Mar/17
Turkey 12.60 Feb/17
Italy 11.70 Mar/17
France 9.60 Mar/17
Euro Area 9.50 Mar/17
Canada 6.50 Apr/17
Australia 5.70 Apr/17
Indonesia 5.33 Mar/17
Russia 5.30 Apr/17
Netherlands 5.10 Apr/17
India 4.90 Dec/13
United Kingdom 4.60 Mar/17
United States 4.40 Apr/17
South Korea 4.00 Apr/17
China 3.97 Mar/17
Germany 3.90 Mar/17
Mexico 3.50 Apr/17
Switzerland 3.30 Apr/17
Japan 2.80 Mar/17