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

The unemployment rate in Mexico decreased to 3.2 percent in May of 2018 from 3.6 percent in the same month of the previous year and compared with market expectations of 3.4 percent. Among genders, the jobless rate fell more for women (3.2 percent from 3.8 percent in May 2017) than for men (3.3 percent from 3.4 percent). In May, about 15.7 percent of unemployed did not have a full secondary education while 84.2 percent had a higher education. Also, the activity rate increased slightly to 60.1 percent from 59.4 percent. When adjusted for seasonality, the jobless rate went down to 3.2 percent from 3.4 percent in April. Unemployment Rate in Mexico averaged 3.77 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
2018-04-26 01:00 PM Unemployment Rate 2.9% 3.2% 3.1% 3.6%
2018-05-28 01:00 PM Unemployment Rate 3.4% 2.9% 3.2% 3%
2018-06-26 01:00 PM Unemployment Rate 3.2% 3.4% 3.4% 3.5%
2018-07-26 01:00 PM Unemployment Rate 3.2% 3.3% 3.1%
2018-08-28 01:00 PM Unemployment Rate 3.3%
2018-09-26 01:00 PM Unemployment Rate 3.2%


Mexico Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.20 3.40 6.42 2.22 percent [+]
Employed Persons 52876916.00 52865845.00 52876916.00 37970852.00 [+]
Unemployed Persons 1713857.00 1830793.00 3012574.00 915418.00 [+]
Labor Force Participation Rate 60.10 59.40 61.47 58.18 percent [+]
Labour Costs 79.50 85.00 127.10 66.60 Index Points [+]
Productivity 108.30 109.10 113.60 91.90 Index Points [+]
Wages 353.83 349.37 353.83 129.28 MXN/Day [+]
Wages in Manufacturing 2.30 2.50 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 96.78 96.60 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 July of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
3.20 3.40 6.42 2.22 1994 - 2018 percent Monthly
NSA




unemployment rate by Country
Country Last
Spain 16.74 Mar/18
Brazil 12.70 May/18
Italy 10.70 May/18
Turkey 9.60 Apr/18
France 9.20 Mar/18
Euro Area 8.40 May/18
Canada 6.00 Jun/18
Australia 5.40 Jun/18
Indonesia 5.13 Mar/18
Russia 4.70 Jun/18
United Kingdom 4.20 May/18
United States 4.00 Jun/18
Netherlands 3.90 Jun/18
China 3.89 Mar/18
South Korea 3.70 Jun/18
India 3.52 Dec/17
Germany 3.40 May/18
Mexico 3.20 May/18
Switzerland 2.40 Jun/18
Japan 2.20 May/18


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