Labor Force Participation Rate in Mexico decreased to 60.40 percent in August from 60.50 percent in July of 2019. Labor Force Participation Rate in Mexico averaged 59.82 percent from 2005 until 2019, reaching an all time high of 61.47 percent in June of 2012 and a record low of 58.18 percent in December of 2010.

Labor Force Participation Rate in Mexico is expected to be 59.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labor Force Participation Rate in Mexico to stand at 59.70 in 12 months time. In the long-term, the Mexico Labor Force Participation Rate is projected to trend around 60.00 percent in 2020, according to our econometric models.

Mexico Labor Force Participation Rate
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Mexico Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.70 3.70 6.42 2.22 percent [+]
Employed Persons 54936719.00 54152266.00 54936719.00 37970852.00 [+]
Unemployed Persons 2014496.00 1886205.00 3012574.00 915418.00 [+]
Labor Force Participation Rate 60.40 60.50 61.47 58.18 percent [+]
Labour Costs 96.20 94.90 127.10 66.40 Index Points [+]
Productivity 89.90 93.60 104.50 85.00 Index Points [+]
Wages 379.67 380.72 380.72 129.28 MXN/Day [+]
Wages in Manufacturing 2.60 2.60 3.80 2.00 USD/Hour [+]
Minimum Wages 102.68 102.68 102.68 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 96.26 96.29 97.23 93.58 percent [+]


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. This page provides - Mexico Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Mexico Labor Force Participation Rate - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
60.40 60.50 61.47 58.18 2005 - 2019 percent Monthly
NSA




Country Last Previous
United Kingdom 79.00 Jul/19
France 72.00 Jun/19
Netherlands 71.30 Sep/19
Indonesia 69.20 Dec/18
Switzerland 68.40 Jun/19
Russia 67.90 Jun/19
Singapore 67.70 Dec/18
Australia 66.10 Sep/19
Italy 65.80 Jul/19
Canada 65.70 Sep/19
South Korea 63.50 Sep/19
United States 63.20 Sep/19
Japan 62.30 Aug/19
Brazil 62.10 Aug/19
Germany 61.60 Jun/19
Mexico 60.40 Aug/19
South Africa 59.80 Jun/19
Spain 58.74 Jun/19
Saudi Arabia 57.90 Jun/19
Euro Area 57.30 Jun/19
Turkey 53.10 Jul/19
India 49.80 Dec/18
Argentina 47.70 Jun/19


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