Mexico unemployment rate

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Mexico unemployment rate: 2.6 (0%)
Last Update: May 31, 2024

Mexico unemployment rate closed down 2.6 as of May 31, 2024 from 2.6 from the previous month and 2.9 from last year.


Mexico unemployment rate Analytics & Data




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Mexico unemployment rate closing prices of the last 24 values are displayed below. Sign up free to download the full historical data series using MacroVar Web/Excel or API.

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Mexico unemployment rate

DateValues
2024-05-31 2.6
2024-04-30 2.6
2024-03-31 2.3
2024-02-29 2.5
2024-01-31 2.9
2023-12-31 2.6
2023-11-30 2.7
2023-10-31 2.8
2023-09-30 2.9
2023-08-31 3
2023-07-31 3.1
2023-06-30 2.7
2023-05-31 2.9
2023-04-30 2.8
2023-03-31 2.4
2023-02-28 2.7
2023-01-31 3
2022-12-31 2.8
2022-11-30 2.9
2022-10-31 3.3
2022-09-30 3.3
2022-08-31 3.5
2022-07-31 3.4
2022-06-30 3.3

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Mexico unemployment rate Statistics


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlopePercentileUpdate
unemployment ratemx.unemploymentrate2.62.60-10DownDown472024-05-31

Mexico unemployment rate Factors

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Mexico unemployment rate Historical Data

The MacroVar database offers free access to historical data for the Mexico unemployment rate, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Mexico unemployment rate data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Mexico unemployment rate

The Mexico unemployment rate is the percentage of the labor force that is actively seeking employment but unable to find work. This rate is an important indicator of the economic health of the country, as high levels of unemployment can lead to social and economic instability. Factors that contribute to the unemployment rate in Mexico include a growing population, a lack of job opportunities in certain sectors, and economic fluctuations. The government of Mexico implements various policies and programs to address unemployment, such as promoting job creation, providing training and education opportunities for workers, and offering financial assistance to those who are unemployed. Tracking and monitoring the unemployment rate is essential for policymakers to make informed decisions and develop effective strategies to reduce unemployment and improve the overall well-being of the workforce.

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