The number of unemployed persons in Mexico increased to 2769491 in the third quarter of 2020 from 1976060 in the first quarter of 2020. source: Instituto Nacional de Estadística y Geografía (INEGI)

Unemployed Persons in Mexico averaged 1947858.37 from 2000 until 2020, 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. This page provides - Mexico Unemployed Persons - actual values, historical data, forecast, chart, statistics, economic calendar and news. Mexico Unemployed Persons - values, historical data and charts - was last updated on December of 2020.

Unemployed Persons in Mexico is expected to be 2280000.00 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 2220000.00 in 12 months time. In the long-term, the Mexico Unemployed Persons is projected to trend around 22000000.00 in 2021 and 2160000.00 in 2022, according to our econometric models.

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Mexico Unemployed Persons

Actual Previous Highest Lowest Dates Unit Frequency
2769491.00 1976060.00 3012574.00 915418.00 2000 - 2020 Quarterly
Volume, 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 Unemployed Persons
In Mexico, unemployed persons are individuals who are without a job and actively seeking to work.