Employment Rate in Mexico increased to 95.30 percent in October from 94.90 percent in September of 2020. source: Instituto Nacional de Estadística y Geografía (INEGI)

Employment Rate in Mexico averaged 95.76 percent from 2005 until 2020, reaching an all time high of 97.23 percent in December of 2005 and a record low of 93.58 percent in September of 2009. This page provides - Mexico Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Mexico Employment Rate - values, historical data and charts - was last updated on November of 2020.

Employment Rate in Mexico is expected to be 95.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Rate in Mexico to stand at 96.60 in 12 months time. In the long-term, the Mexico Employment Rate is projected to trend around 96.90 percent in 2021 and 97.10 percent in 2022, according to our econometric models.

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Mexico Employment Rate

Actual Previous Highest Lowest Dates Unit Frequency
95.30 94.90 97.23 93.58 2005 - 2020 percent Monthly
NSA

Mexico Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.70 5.10 6.42 2.22 percent [+]
Employed Persons 51011033.00 55352304.00 55683450.00 37970852.00 [+]
Unemployed Persons 2769491.00 1976060.00 3012574.00 915418.00 [+]
Labor Force Participation Rate 57.40 55.60 61.47 47.40 percent [+]
Labour Costs 88.00 87.80 132.40 71.50 points [+]
Productivity 94.50 92.40 104.70 80.30 points [+]
Wages 401.84 402.82 408.02 129.28 MXN/Day [+]
Wages in Manufacturing 2.50 2.50 3.80 2.00 USD/Hour [+]
Minimum Wages 123.22 123.22 123.22 0.01 MXN/Day [+]
Population 126.58 125.33 126.58 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 [+]
Employment Rate 95.30 94.90 97.23 93.58 percent [+]


Mexico Employment Rate
In Mexico, the employment rate measures the number of people who have a job as a percentage of the labour force.