Labor Force Participation Rate in Mexico decreased to 59.70 percent in January from 60.20 percent in December of 2019.

Labor Force Participation Rate in Mexico averaged 59.83 percent from 2005 until 2020, 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. 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 April of 2020. source: Instituto Nacional de Estadística y Geografía (INEGI)

Labor Force Participation Rate in Mexico is expected to be 60.30 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 60.20 in 12 months time. In the long-term, the Mexico Labor Force Participation Rate is projected to trend around 60.40 percent in 2021 and 60.60 percent in 2022, according to our econometric models.

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Mexico Labor Force Participation Rate

Actual Previous Highest Lowest Dates Unit Frequency
59.70 60.20 61.47 58.18 2005 - 2020 percent Monthly
NSA

Mexico Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.60 3.80 6.42 2.22 percent [+]
Employed Persons 55683450.00 55201939.00 55683450.00 37970852.00 [+]
Unemployed Persons 1942071.00 2147638.00 3012574.00 915418.00 [+]
Labor Force Participation Rate 59.70 60.20 61.47 58.18 percent [+]
Labour Costs 101.40 132.40 132.40 71.50 points [+]
Productivity 91.70 91.80 104.70 85.00 points [+]
Wages 397.62 396.18 397.62 129.28 MXN/Day [+]
Wages in Manufacturing 2.70 2.60 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 [+]
Wages High Skilled 17200.00 15600.00 17200.00 13700.00 MXN/Month [+]
Wages Low Skilled 5390.00 5280.00 5390.00 4870.00 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 96.43 96.21 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.