Mexico Unemployment Rate — 2026 Data, Trend & Forecast
Mexico's unemployment rate was 2.71% in July 2026, down from 2.73% the previous month. A year earlier it stood at 2.60%.
Mexico's unemployment rate stands at 2.71% as of July 2026. The unemployment rate currently sits at 2.71% (down from 2.73% in the prior month). Across the tracked window it has ranged between 2.49% and 5.08%, and is 0.12% higher than a year ago.
The trend
Among the 226 economies tracked on this platform, Mexico ranks #188 on unemployment rate by latest value. It fell from 2.73% in the previous month, and compares with a year-earlier 2.60%.
What's driving it
Joblessness tracks the business cycle, labour-force participation and structural shifts in industry, and tends to lag changes in output.
Recent readings
| Period | Unemployment rate |
|---|---|
| Jul 2026 | 2.71% |
| Jun 2026 | 2.73% |
| May 2026 | 2.76% |
| Apr 2026 | 2.58% |
| Mar 2026 | 2.69% |
| Feb 2026 | 2.68% |
| Jan 2026 | 2.63% |
| Dec 2025 | 2.64% |
Data: Source: OECD (terms permit extract/distribute, incl. commercial, with citation). Figures carry an effective date; confirm with the source before relying on them.
Frequently asked questions
What Is the Unemployment Rate in Mexico in 2026?
Mexico's unemployment rate was 2.71% in July 2026, down from 2.73% the previous month. A year earlier it stood at 2.60%.
Is the unemployment rate rising or falling in Mexico?
It fell in the latest reading — 2.71% in July 2026 versus 2.73% a month earlier. Year on year it is higher.
What is unemployment rate?
It measures the share of the labour force that is without work but actively seeking a job.