Wages in Manufacturing in Mexico is expected to be 3.00 USD/Hour by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Manufacturing in Mexico to stand at 2.40 in 12 months time. In the long-term, the Mexico Nominal Hourly Wages in Manufacturing is projected to trend around 3.00 USD/Hour in 2020, according to our econometric models.


Forecast Data Chart
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Mexico Labour Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Unemployment Rate 3.6 3.2 3.2 3.5 3.6 3.6
Employed Persons 53785257 53600000 54070099 54351537 54536629 55000000
Unemployed Persons 1858160 2050000 1780461 1866599 1885494 22800000
Labor Force Participation Rate 59.5 59.3 59.3 59.2 59.81 59.7
Labour Costs 81.1 102 81.64 81.67 81.67 105
Productivity 107 111 107 107 107 115
Wages 352 356 382 373 368 397
Wages in Manufacturing 2.3 3 2.3 2.4 2.4 3
Minimum Wages 88.36 88.36 95.45 95.45 95.45 102
Population 124 124 125 125 125 126
Retirement Age Women 65 65 65 65 65 65
Retirement Age Men 65 65 65 65 65 65
Wages Low Skilled 5390 5000 5600 5600 5600 5800
Wages High Skilled 17200 16200 17000 17000 17000 17800
Living Wage Family 7900 8360 8450 8450 8450 8500
Living Wage Individual 4320 4500 4600 4600 4600 4149
Employment Rate 96.4 97.7 98 98.2 96.51 98.8