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

The unemployment rate in Mexico decreased to 3.2 percent in February of 2018 from 3.4 percent in the same month a year earlier and below market expectations of 3.3 percent. Among genders, the unemployment rate dropped for men (3.0 percent from 3.3 percent a year earlier) while increased for women (3.5 percent from 3.4 percent). Meantime, the participation rate fell to 59.2 percent from 59.4 percent in February of 2017. When adjusted for seasonality, the jobless rate remained unchanged from the previous month at 3.3 percent. 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
2018-01-22 02:00 PM Unemployment Rate 3.1% 3.4% 3.3% 3.3%
2018-02-27 02:00 PM Unemployment Rate 3.4% 3.1% 3.4% 3.2%
2018-03-27 02:00 PM Unemployment Rate 3.2% 3.4% 3.3% 3.3%
2018-04-26 01:00 PM Unemployment Rate 3.2% 3.1% 3.6%
2018-05-28 01:00 PM Unemployment Rate 3.4%
2018-06-26 01:00 PM Unemployment Rate 3.6%


Mexico Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.20 3.40 6.42 2.22 percent [+]
Employed Persons 52865845.00 52438646.00 52865845.00 37970852.00 [+]
Unemployed Persons 1830793.00 1931269.00 3012574.00 915418.00 [+]
Labor Force Participation Rate 59.20 59.00 61.47 58.18 percent [+]
Labour Costs 84.00 82.40 127.10 66.60 Index Points [+]
Productivity 108.10 104.80 113.60 91.90 Index Points [+]
Wages 349.31 349.38 349.38 129.28 MXN/Day [+]
Wages in Manufacturing 2.40 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 96.79 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 April 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 16.55 Dec/17
Brazil 12.60 Feb/18
Italy 10.90 Feb/18
Turkey 10.80 Jan/18
France 8.90 Dec/17
Euro Area 8.50 Feb/18
Canada 5.80 Mar/18
Australia 5.50 Mar/18
Indonesia 5.50 Sep/17
Russia 5.00 Mar/18
United Kingdom 4.20 Feb/18
United States 4.10 Mar/18
South Korea 4.00 Mar/18
China 3.90 Dec/17
Netherlands 3.90 Mar/18
India 3.52 Dec/17
Germany 3.50 Feb/18
Mexico 3.20 Feb/18
Switzerland 2.90 Mar/18
Japan 2.50 Feb/18


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