The number of unemployed persons in Mexico decreased to 2549487 in the fourth quarter of 2020 from 2769491 in the third quarter of 2020. source: Instituto Nacional de Estadística y Geografía (INEGI)

Unemployed Persons in Mexico averaged 1955195.30 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 May of 2021.

Unemployed Persons in Mexico is expected to be 2440000.00 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 2300000.00 in 12 months time. In the long-term, the Mexico Unemployed Persons is projected to trend around 2180000.00 in 2022 and 2160000.00 in 2023, according to our econometric models.

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Mexico Unemployed Persons

Actual Previous Highest Lowest Dates Unit Frequency
2549487.00 2769491.00 3012574.00 915418.00 2000 - 2020 Quarterly
Volume, NSA

Mexico Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.90 4.40 6.42 2.22 percent [+]
Employed Persons 53331429.00 51011033.00 55683450.00 37970852.00 [+]
Unemployed Persons 2549487.00 2769491.00 3012574.00 915418.00 [+]
Labor Force Participation Rate 57.20 56.70 61.47 47.40 percent [+]
Labour Costs 102.60 99.50 132.40 71.50 points [+]
Productivity 93.40 94.90 104.70 80.30 points [+]
Wages 427.45 429.72 429.72 129.28 MXN/Day [+]
Wages in Manufacturing 2.90 2.80 3.80 2.00 USD/Hour [+]
Minimum Wages 141.70 141.70 141.70 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 96.11 95.63 97.23 93.58 percent [+]


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