Mexico Unemployment Rate n.s.a.

Mexico, MXN
Importance
Low
Sector:
Labor
Source:
National Institute of Statistics and Geography (INEGI)
2.5%
2.4%
2.7%
Last release
Actual Act
Forecast Fcst
Previous Prev
2.2%
2.5%
Next release
Forecast Fcst
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Unemployment Rate n.s.a. reflects a percentage of unemployed workers in relation to Mexico's total civilian labor force. No seasonal adjustment is applied to the indicator calculation. 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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