Mexico unemployment rate

Mexico’s unemployment rate decreased to 2.5 by -14.0% on January 2024 from 2.9 in the previous month. On a year on year basis Mexico’s unemployment rate decreased by -17.0%. Mexico’s unemployment rate trend is down since the current value of 2.5 is lower than the 12 month moving average of 2.78. and the 12 month moving average slope is down.Mexico’s unemployment rate 1-year percentile is currently at 8.0 5-year percentile is currently at 33.0%. MacroVar monitors the factors of Momentum, Trend for Mexico unemployment rate.
A detailed analysis can be found here