The number of unemployed persons in Mexico increased to 2147638 in the third quarter of 2019 from 2014496 in the second quarter of 2019. Unemployed Persons in Mexico averaged 1937037.26 from 2000 until 2019, reaching an all time high of 3012574 in the third quarter of 2009 and a record low of 915418 in the fourth quarter of 2000. source: Instituto Nacional de Estadística y Geografía (INEGI)

Unemployed Persons in Mexico is expected to be 2200000.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployed Persons in Mexico to stand at 2250000.00 in 12 months time. In the long-term, the Mexico Unemployed Persons is projected to trend around 22800000.00 in 2020, according to our econometric models.

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Mexico Unemployed Persons

Actual Previous Highest Lowest Dates Unit Frequency
2147638.00 2014496.00 3012574.00 915418.00 2000 - 2019 Quarterly
Volume, NSA


Mexico Unemployed Persons
In Mexico, unemployed persons are individuals who are without a job and actively seeking to work.

Mexico Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.50 3.60 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 60.40 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 96.56 96.35 97.23 93.58 percent [+]