Labor Force Participation Rate in Mexico decreased to 60.36 percent in April from 60.45 percent in March of 2023. source: Instituto Nacional de Estadística y Geografía (INEGI)

Labor Force Participation Rate in Mexico averaged 59.51 percent from 2005 until 2023, reaching an all time high of 61.47 percent in June of 2012 and a record low of 47.20 percent in April of 2020. This page provides - Mexico Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Mexico Labor Force Participation Rate - values, historical data and charts - was last updated on June of 2023.

Labor Force Participation Rate in Mexico is expected to be 59.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mexico Labor Force Participation Rate is projected to trend around 60.00 percent in 2024, according to our econometric models.

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Mexico Labor Force Participation Rate

Related Last Previous Unit Reference
Unemployment Rate 2.80 2.40 percent Apr 2023
Unemployed Persons 1597182.00 1796103.00 Mar 2023
Employed Persons 58492126.00 58349353.00 Mar 2023
Labor Force Participation Rate 60.36 60.45 percent Apr 2023
Productivity 101.40 101.00 points Mar 2023
Labour Costs 117.90 119.90 points Mar 2023
Wages in Manufacturing 3.80 3.70 USD/Hour Mar 2023
Employment Rate 97.18 97.61 percent Apr 2023

Mexico Labor Force Participation Rate
The labour force participation rate is the number of persons who are employed and unemployed but looking for a job divided by the total working-age population.
Actual Previous Highest Lowest Dates Unit Frequency
60.36 60.45 61.47 47.20 2005 - 2023 percent Monthly