economy and politics

Mexico’s unemployment rate reaches 2.8% in April

Mexico's unemployment rate reaches 2.8% in April

Services and commerce underpin employment

The services sector concentrated 25.7 million workers, that is, 43.7% of the total. The commerce sector gave work to 11.6 million people.

The manufacturing industry employed 9.6 million (16.3%); agricultural activities, 6.9 million (11.8%); construction, 4.4 million (7.4%) and other economic activities —which include mining, electricity, water and gas supply—, 386 thousand (0.7%). For their part, 336 thousand people (0.6%) did not specify their activity.

Compared to the same month in 2022, the sectors with the greatest increase in their employed population were: various services, with 361,000 people, and commerce, with 317,000.

labor informality

In April, the employed population in the labor informality was 32.2 million people, which implies a rate of 54.7% of the employed population, 0.8 percentage points less than in April 2022.

The population employed in the labor informality considers, without duplicating, those who are laborally vulnerable due to the nature of the economic unit for which they work, as well as people whose employment relationship or dependency does not recognize their source of work.



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