Unemployment in Mexico

Mexico Unemployment | Economic News & Forecasts

Mexico - Unemployment

First-quarter growth fell short of market analysts’ expectations, on the heels of upbeat recent data for January and February. A supply-side breakdown of the first quarter confirmed softness in the industrial sector, which struggled—alongside its stateside counterpart—to find its footing through March. Moreover, output within the services sector slowed considerably despite strong wage growth and resilient consumer confidence. Nevertheless, Mexico’s economy is probably not as weak as preliminary national accounts suggest, given the difficulty of seasonally-adjusting for the Easter holiday. Moreover available second-quarter indicators hint at an upturn. Consumer confidence remained within reach of its all-time high in April, boding well for household spending. Survey-based indicators also suggest that manufacturing could be headed for a turnaround in April, which would boost investment and exports.

Mexico - Unemployment Data

2013  2014  2015  2016  2017  
Unemployment Rate4.3  3.8  4.0  3.4  3.1  

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Mexico Unemployment Chart

Mexico Unemployment
Note: Unemployment in % of active population.
Source: Mexico National Statistical Institute (INEGI).

Mexico Facts

Bond Yield8.12-0.24 %May 13
Exchange Rate19.22-0.29 %May 13
Stock Market43,1420.12 %May 13

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