The unemployment rate in Mexico stood at 3.6 percent in September 2018, unchanged from last year's figure and slightly above market expectations of 3.5 percent. Among genders, the unemployment rate decreased for men (3.4 percent vs 3.6 percent in September 2017) while it rose for women (3.9 percent vs 3.6 percent). In September, about 16.6 percent of unemployed people did not have a full secondary education while 83.4 percent had a higher education. Meantime, the activity rate increased to 59.5 percent from 59.1 percent in September 2017. When adjusted for seasonality, the jobless rate held steady at 3.3 percent, unchanged from the previous month and matching market expectations. 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
width
height
 Preview
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.

API Features Documentation Interested? Click here to contact us

Calendar GMT Actual Previous Consensus TEForecast
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% 3.5%
2018-10-24 01:00 PM Unemployment Rate 3.6% 3.5% 3.5% 3.6%
2018-11-27 02:00 PM Unemployment Rate 3.6% 3.5%
2018-12-24 02:00 PM Unemployment Rate 3.5%


Mexico Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.60 3.50 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 59.50 60.00 61.47 58.18 percent [+]
Labour Costs 81.10 84.30 127.10 66.60 Index Points [+]
Productivity 107.40 104.20 113.60 91.90 Index Points [+]
Wages 351.80 356.15 357.43 129.28 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 Low Skilled 5390.00 5280.00 5390.00 4870.00 MXN/Month [+]
Wages High Skilled 17200.00 15600.00 17200.00 13700.00 MXN/Month [+]
Living Wage Family 7900.00 7700.00 7900.00 7700.00 MXN/Month [+]
Living Wage Individual 4320.00 4130.00 4320.00 4130.00 MXN/Month [+]
Employment Rate 96.40 96.53 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 November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
3.60 3.50 6.42 2.22 1994 - 2018 percent Monthly
NSA




Country Last
South Africa 27.50 Sep/18
Spain 14.55 Sep/18
Brazil 11.90 Sep/18
Turkey 11.10 Aug/18
Italy 10.10 Sep/18
Argentina 9.60 Jun/18
France 9.10 Jun/18
Euro Area 8.10 Sep/18
Saudi Arabia 6.00 Jun/18
Canada 5.80 Oct/18
Indonesia 5.34 Jun/18
Australia 5.00 Oct/18
Russia 4.50 Sep/18
United Kingdom 4.10 Sep/18
South Korea 3.90 Oct/18
China 3.82 Sep/18
Netherlands 3.70 Oct/18
United States 3.70 Oct/18
Mexico 3.60 Sep/18
India 3.52 Dec/17
Germany 3.40 Sep/18
Switzerland 2.40 Oct/18
Japan 2.30 Sep/18
Singapore 2.10 Sep/18


Related
Latest