The Mexico unemployment rate has risen two tenths in May, standing at 2.7% compared to 2.5% of April, as published by the National Institute of Statistics and Geography (INEGI). This is the highest unemployment rate in the last four months.
The Figure worsens market expectations, which expected it to remain unchanged in 2.5%.
According to the statement, the economically active population number passed in May 61.7 million people, 237,000 more than in May 2024. On the other hand, the employed population reached 60 million people, 154,000 more than a year ago.
Mexican peso reaction
The Mexican weight has not varied its price after the data, with the USD/MXN maintaining around 18.86, losing 0.07% in the day.
Economic indicator
Unemployment rate
The unemployment rate that publishes INEGI It is the number of unemployed workers compared to all active workers in the economy. A rise in the rate would indicate a weakening of economic activity. A result lower than expectations is bullish for Mexican weight, while a superior result is bassist.
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Last publication: Old Jun 27, 2025 12:00
Frequency: Monthly
Current: 2.7%
Dear: 2.5%
Previous: 2.5%
Fountain: National Institute of Statistics and Geography of Mexico
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
