Labour Costs in Mexico increased to 97.40 points in November from 96.20 points in October of 2019. Labour Costs in Mexico averaged 93.39 points from 2007 until 2019, reaching an all time high of 130.60 points in December of 2007 and a record low of 71.50 points in January of 2017. source: Instituto Nacional de Estadística y Geografía (INEGI)


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Mexico Labour Costs

Actual Previous Highest Lowest Dates Unit Frequency
97.40 96.20 130.60 71.50 2007 - 2019 points Monthly
NSA, 2008=100

Mexico Labour Last Previous Highest Lowest Unit
Unemployment Rate 2.90 3.40 6.42 2.22 percent [+]
Employed Persons 55201939.00 54936719.00 55201939.00 37970852.00 [+]
Unemployed Persons 2147638.00 2014496.00 3012574.00 915418.00 [+]
Labor Force Participation Rate 60.20 60.20 61.47 58.18 percent [+]
Labour Costs 97.40 96.20 130.60 71.50 points [+]
Productivity 93.60 90.50 104.70 85.00 points [+]
Wages 378.13 375.78 380.72 129.28 MXN/Day [+]
Wages in Manufacturing 2.60 2.60 3.80 2.00 USD/Hour [+]
Minimum Wages 123.22 102.68 123.22 0.01 MXN/Day [+]
Population 125.33 124.04 125.33 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 Low Skilled 5390.00 5280.00 5390.00 4870.00 MXN/Month [+]
Wages High Skilled 17200.00 15600.00 17200.00 13700.00 MXN/Month [+]
Living Wage Family 7900.00 7700.00 7900.00 7700.00 MXN/Month [+]
Living Wage Individual 4320.00 4130.00 4320.00 4130.00 MXN/Month [+]
Employment Rate 97.09 96.56 97.23 93.58 percent [+]