Mexico Jobless Rate Holds Steady

2026-08-27 12:19 By Larissa Caser 1 min. read

Mexico’s unemployment rate stood at 2.9% in July 2026, unchanged from June and remaining at its highest level since September 2025, while falling short of expectations for an increase to 3%.

The number of unemployed remained at 1.8 million.

Unemployment edged up among women (3.1% vs 3%) but declined among men (2.7% vs 2.8%).

Among the unemployed, 89.3% had higher levels of education, while 10.7% had not completed secondary education.

By age, the largest share of unemployed people was among those aged 25–44 (46.9%), followed by the 15–24 group (33.8%).

The employment rate remained unchanged at 91.7%, while the number of employed people edged up to 60.8 million.

Employment was concentrated in commerce (19.6%), manufacturing (15.9%), agriculture (10.6%) and construction (8.7%).

Meanwhile, the labor force declined to 62.6 million, while the activity rate edged up to 59.2%.



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