Mexico Unemployment Rate  1994-2018 | Data | Chart | Calendar | Forecast

The unemployment rate in Mexico increased to 3.5 percent in July of 2018 from 3.4 percent in the same month of the previous year, in line with market expectations. It was the highest jobless rate since October. Among genders, the unemployment rose for women (3.8 percent from 3.4 percent) whit it fell slightly for men (3.3 percent vs 3.4 percent). In July, about 16.2 percent of people unemployed did not have a full secondary education while 83.8 percent had a higher education. Also, the activity rate dropped to 59.7 percent vs 59.8 percent in July 2017. When adjusted for seasonality, the jobless rate was steady at 3.4 percent Unemployment Rate in Mexico averaged 3.76 percent from 1994 until 2018, 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 Actual Previous Consensus TEForecast
2018-06-26 01:00 PM Unemployment Rate 3.2% 3.4% 3.4% 3.5%
2018-07-26 01:00 PM Unemployment Rate 3.4% 3.2% 3.3% 3.1%
2018-08-28 01:00 PM Unemployment Rate 3.5% 3.4% 3.5% 3.3%
2018-09-26 01:00 PM Unemployment Rate 3.5% 3.5% 3.5%
2018-10-24 01:00 PM Unemployment Rate 3.6%
2018-11-27 02:00 PM Unemployment Rate 3.5%


Mexico Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.50 3.40 6.42 2.22 percent [+]
Employed Persons 53785257.00 52876916.00 53785257.00 37970852.00 [+]
Unemployed Persons 1858160.00 1713857.00 3012574.00 915418.00 [+]
Labor Force Participation Rate 59.70 59.80 61.47 58.18 percent [+]
Labour Costs 84.30 82.10 127.10 66.60 Index Points [+]
Productivity 104.20 107.50 113.60 91.90 Index Points [+]
Wages 356.15 357.43 357.43 129.28 MXN/Day [+]
Wages in Manufacturing 2.30 2.30 3.60 1.90 USD/Hour [+]
Minimum Wages 88.36 88.36 88.36 0.01 MXN/Day [+]
Population 123.52 122.27 123.52 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 [+]
Wages High Skilled 16700.00 15500.00 16700.00 13200.00 MXN/Month [+]
Wages Low Skilled 5560.00 5100.00 5560.00 4800.00 MXN/Month [+]
Living Wage Family 8260.00 8160.00 8410.00 8160.00 MXN/Month [+]
Living Wage Individual 4470.00 4340.00 4830.00 4340.00 MXN/Month [+]
Employment Rate 96.52 96.61 97.23 93.58 percent [+]


Mexico Unemployment Rate

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 September of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
3.50 3.40 6.42 2.22 1994 - 2018 percent Monthly
NSA




unemployment rate by Country
Country Last
South Africa 27.20 Jun/18
Spain 15.30 Jun/18
Brazil 12.30 Jul/18
Italy 10.40 Jul/18
Turkey 10.20 Jun/18
Argentina 9.60 Jun/18
France 9.10 Jun/18
Euro Area 8.20 Jul/18
Saudi Arabia 6.10 Mar/18
Canada 6.00 Aug/18
Australia 5.30 Aug/18
Indonesia 5.13 Mar/18
Russia 4.60 Aug/18
South Korea 4.20 Aug/18
United Kingdom 4.00 Jul/18
Netherlands 3.90 Aug/18
United States 3.90 Aug/18
China 3.83 Jun/18
India 3.52 Dec/17
Mexico 3.50 Jul/18
Germany 3.40 Jul/18
Japan 2.50 Jul/18
Switzerland 2.40 Aug/18
Singapore 2.10 Jun/18


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