Unemployment Rate in Mexico increased to 2.80 percent in July from 2.70 percent in June of 2025. This dataset provides the latest reported value for - Mexico Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The statistic depicts the unemployment rate in Mexico from 1999 to 2024. In 2024, Mexico's unemployment rate was around 2.71 percent. Mexico's population Mexico is the third largest country in North America. Mexico’s economy has developed and improved over the years, partially due to a better relationship with the United States. Mexico’s total population was estimated to amount to around 120 million people in 2014, with the majority, i.e. more than 60 percent, having a Mestizo background. Despite a remarkably high migration flow between Mexico and the United States, with more than 11.5 million Mexican migrants living in the United States, Mexico’s population is still growing at a constant rate. In addition, life expectancy in Mexico is increasing, pointing towards an improvement of living conditions. However, the high total population numbers affect the population density. In 2012, there were more than 62 inhabitants per square kilometer registered, ten more than a decade ago. This trend is most likely to increase but not worriyngly so, since Mexico is still far from being one of the countries with the highest population density . Among the Mexican metropolises, Mexico City has the highest number of residents by far.

Key information about Mexico Unemployment Rate

• Mexico Unemployment Rate increased to 2.61% in Jan 2025, from the previously reported figure of 2.60% in Dec 2024.
• Mexico Unemployment Rate is updated monthly, available from Jan 2005 to Jan 2025, with an average rate of 3.81%.
• The data reached an all-time high of 5.89% in Sep 2009 and a record low of 2.44% in Oct 2024.
• The data is reported by reported by National Institute of Statistics and Geography.
• In the latest reports, Mexico Population reached 131.72 million people in Dec 2024.

In June 2025, Mexico's unemployment rate stood at 2.69 percent, following a fluctuating trend experienced in the North American country since January of that same year. During the time under consideration, unemployment peaked in June 2020, when the rate reached almost 5.5 percent.

The unemployment rate in Mexico amounted to about 2.67 percent in 2024. From 1980 to 2024, the rate rose by approximately 1.47 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. Between 2024 and 2030, the rate will rise by around 0.91 percentage points, showing an overall upward trend with periodic ups and downs.This indicator describes the unemployment rate, which can be defined by either the national definition, the ILO harmonized definition, or the OECD harmonized definition. The latter defines it as the number of unemployed people divided by the total labor force.

In April 2023, 2.8 percent of the economically active population in Mexico was considered unemployed, down from 4.61 percent registered in the same month of 2021. In June 2020, just a few months after the COVID-19 outbreak, the unemployment rate reached its highest monthly value since the beginning of 2019, at 5.32 percent. Within the selected period, the lowest unemployment rate was observed from February to April of 2023, with 2.8.

Graph and download economic data for Youth Unemployment Rate for Mexico (SLUEM1524ZSMEX) from 1991 to 2024 about 15 to 24 years, Mexico, unemployment, and rate.

In the second quarter of 2024, the Mexico City was the Mexican federal entity with the largest unemployment rate of 4.04 percent. In contrast, the unemployment rate in Guerrero amounted to 1.04 percent.

The number of unemployed persons in Mexico decreased to 1490226 in the first quarter of 2025 from 1567775 in the fourth quarter of 2024. This dataset provides - Mexico Unemployed Persons - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Mexico: Unemployment rate forecast: The latest value from 2030 is 3.58 percent, a decline from 3.59 percent in 2029. In comparison, the world average is 6.28 percent, based on data from 100 countries. Historically, the average for Mexico from 1980 to 2030 is 3.76 percent. The minimum value, 0.9 percent, was reached in 1981 while the maximum of 6.23 percent was recorded in 1995.

Mexico Unemployment Rate: YoY data was reported at -4.634 % in Mar 2024. This records an increase from the previous number of -10.340 % for Feb 2024. Mexico Unemployment Rate: YoY data is updated monthly, averaging -16.763 % from Jul 2021 (Median) to Mar 2024, with 33 observations. The data reached an all-time high of -4.634 % in Mar 2024 and a record low of -27.243 % in Feb 2023. Mexico Unemployment Rate: YoY data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Mexico – Table MX.IMF.IFS: Labour Force, Employment and Unemployment.

The unemployment rate in Mexico stands at 2.62 percent according to the latest data from . That reading shows a decrease from the level of 2.65 percent in the previous month and a decrease from the level of 2.69 percent in the same month of the previous year. The unemployment rate data in ...

Graph and download economic data for Infra-Annual Labor Statistics: Unemployment Rate Total: From 15 to 24 Years for Mexico (LRUN24TTMXQ156N) from Q1 2005 to Q1 2025 about Mexico, 15 to 24 years, unemployment, and rate.

Historical dataset showing Mexico unemployment rate by year from 1991 to 2024.

Mexico: Unemployment rate: The latest value from 2024 is 2.71 percent, a decline from 2.77 percent in 2023. In comparison, the world average is 6.80 percent, based on data from 176 countries. Historically, the average for Mexico from 1991 to 2024 is 3.93 percent. The minimum value, 2.6 percent, was reached in 1999 while the maximum of 7.09 percent was recorded in 1995.

Mexico MX: Unemployment Rate data was reported at 3.885 % in 2016. This records a decrease from the previous number of 4.336 % for 2015. Mexico MX: Unemployment Rate data is updated yearly, averaging 3.647 % from Dec 1988 (Median) to 2016, with 25 observations. The data reached an all-time high of 5.374 % in 2009 and a record low of 1.600 % in 2000. Mexico MX: Unemployment Rate data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Mexico – Table MX.IMF.IFS: Labour Force, Employment and Unemployment: Annual.

Mexico MX: Unemployment Rate: % Change data was reported at -16.078 % in Mar 2017. This records a decrease from the previous number of -15.058 % for Dec 2016. Mexico MX: Unemployment Rate: % Change data is updated quarterly, averaging -0.136 % from Jun 2001 (Median) to Mar 2017, with 64 observations. The data reached an all-time high of 73.794 % in Sep 2002 and a record low of -16.450 % in Dec 2005. Mexico MX: Unemployment Rate: % Change data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Mexico – Table MX.IMF.IFS: Labour Force, Employment and Unemployment: Quarterly.

Mexico MX: Unemployment Rate: % Change over Previous Period data was reported at -4.043 % in Mar 2017. This records an increase from the previous number of -12.173 % for Dec 2016. Mexico MX: Unemployment Rate: % Change over Previous Period data is updated quarterly, averaging 1.219 % from Sep 2000 (Median) to Mar 2017, with 67 observations. The data reached an all-time high of 79.339 % in Mar 2002 and a record low of -21.053 % in Dec 2000. Mexico MX: Unemployment Rate: % Change over Previous Period data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Mexico – Table MX.IMF.IFS: Labour Force, Employment and Unemployment: Quarterly.

Graph and download economic data for Infra-Annual Labor Statistics: Monthly Unemployment Rate Total: 15 Years or over for Mexico (LRHUTTTTMXM156N) from Jan 1987 to Jun 2025 about Mexico, harmonized, persons, unemployment, and rate.

Between the fourth quarter of 2024 and the first quarter of 2025, the unemployment rate among Mexican men dropped from 2.63 to 2.39 percent. Meanwhile, during the same period of time, the rate among women rose by a small amount of 0.08 percent.