Mexico Unemployment Rate

Country: Mexico, MXN
Importance:
Low
Sector: Labor
Last release
Actual
2.9%
Forecast
2.6%
Previous
2.8%
Next release
Actual
Coming in 24 days
Forecast
2.7%
Previous
2.9%
Date (GMT)
Reference
Actual
Forecast
Jun 2021
4.0%
4.3%
May 2021
4.1%
4.3%
Apr 2021
4.7%
4.1%
Mar 2021
4.4%
4.5%
Feb 2021
4.5%
4.2%
Jan 2021
4.5%
3.2%
Dec 2020
4.4%
5.0%
Nov 2020
4.5%
5.3%
Oct 2020
4.7%
5.4%
Sep 2020
5.1%
4.9%
Aug 2020
5.2%
3.5%
Apr 2020
5.4%
Mar 2020
3.3%
3.7%
Feb 2020
3.7%
3.4%
Jan 2020
3.7%
3.3%
Dec 2019
3.1%
3.5%
Nov 2019
3.5%
3.5%
Oct 2019
3.6%
3.5%
Sep 2019
3.5%
3.6%
Aug 2019
3.6%
3.5%

Unemployment Rate is a percentage of unemployed workers in relation to Mexico's total civilian labor force. The indicator is calculated based on seasonally adjusted data. A decline in the unemployment rate is an indication of an increase in the purchasing power of the population, which can stimulate the national economy and thus have a positive effect on the Mexican peso quotes.

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