Mexico Unemployment Rate

Last Release

Nov 30, 2024

Actual

2.6

Units In

2.5

Frequency

Monthly

Next Release

Jan 29, 2025

Time to Release

23 Days 10 Hours

Highest	Lowest	Average	Date Range	Source
6.42 Sep 2009	2.22 Mar 1997	3.7 %	1994-2024	N/A

In Mexico, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.

Latest Updates

Mexico's unemployment rate edged up to 2.6% in November 2024 from 2.5% in October, remaining below market expectations of 2.7%. Among men, the jobless rate increased slightly to 2.6% from 2.5%, while for women, it rose more noticeably to 2.8% from 2.5%. The number of unemployed individuals reached 1.6 million. Meanwhile, the labor force participation rate fell to 60% from 60.2%, with the economically active population falling to 61.6 million.