Mexico closes 2025 as second country with lowest global unemployment

President Claudia Sheinbaum celebrated that Mexico will end the year with an unemployment rate of 2.7 percent, just behind Japan. In a message on X, she highlighted the results of the country's economic transformation. The claim is based on comparative data from 14 nations.

President Claudia Sheinbaum celebrated on Friday that Mexico will close 2025 as the second country with the lowest unemployment in the world, with a rate of 2.7 percent, just behind Japan at 2.6 percent. "We close this 2025 as the second country with the least unemployment in the world. The transformation yields results," Sheinbaum wrote in a message on X, accompanied by an official graphic from the Mexican Government comparing unemployment rates in 14 countries. The graphic, prepared on December 24 using data from datosmacro.expansion.com/paro, places Mexico followed by Germany (3.8 percent), Netherlands (4 percent), Australia (4.3 percent), United States (4.6 percent), and Ireland (4.9 percent). Subsequently appear Austria (5.8 percent), Italy (6 percent), Belgium (6.4 percent), France (7.7 percent), Sweden (9.1 percent), Finland (10.3 percent), and Spain (10.5 percent). Figures for Mexico, Netherlands, Australia, United States, Ireland, and Sweden correspond to November 2025, while those for Japan, Germany, Austria, Italy, Belgium, France, Finland, and Spain are from October. According to the latest bulletin from the National Institute of Statistics and Geography (Inegi) for October, Mexico's unemployment rate was 2.6 percent of the economically active population (PEA), with 1.6 million unemployed people and a PEA of 62.5 million, representing a participation rate of 59.9 percent. The active population increased by 1.1 million compared to October 2024. Additionally, in July, informal workers totaled 33.9 million, raising the informality rate to 55.7 percent. Sheinbaum attributed this achievement to the economic transformation policies implemented by her government.

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Joyful diverse Colombians on a Bogotá street celebrating record-low 8.9% unemployment rate since 2001, with job growth billboard.
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Colombia's unemployment rate reaches lowest since 2001

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Colombia's National Administrative Department of Statistics (DANE) reported that the unemployment rate for 2025 was 8.9%, the lowest since 2001. This figure marks a 1.3 percentage point decrease from 2024. In December 2025, the rate fell to 8%, with employed population rising by 603,000 people.

Chile's National Institute of Statistics (INE) reported that the unemployment rate rose to 8.4% in the September-November 2025 quarter, up 0.2 percentage points from the previous year. This figure ends a streak of labor market improvements, with experts voicing concerns over slowing job creation. The rate has remained above 8% for 35 consecutive months.

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Dane reported Colombia's February 2026 unemployment rate at 9.2%, the lowest for any February since 2001, with 2.45 million unemployed people. Occupied population rose to 24.09 million, up 624,000 from February 2025. President Gustavo Petro and Labor Minister Antonio Sanguino hailed the figures and defended the minimum wage increase.

The Mexican Social Security Institute (IMSS) recorded a loss of 320,692 formal jobs in December 2025, the lowest since 2022. Despite this, the year ended with a net creation of 278,697 jobs, at a 1.3% rate. Experts note the figure is less negative than anticipated, though they highlight weaknesses in job generation.

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Colombia's unemployment rate fell to 10.9% in January 2026, according to Dane, marking a 0.8 percentage point improvement from January 2025. Andi president Bruce Mac Master questioned the one-point drop in informality and noted that job growth was driven by non-salaried positions.

Mexico recorded a historic inflow of 40,871 million dollars in Foreign Direct Investment (FDI) during 2025, a 10.8 percent increase from the previous year. The Secretariat of Economy noted that this flow positions the country as a strategic destination for global productive capital, despite a 2 percent decline in developing economies. The growth was mainly driven by new investments that rose 133 percent.

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The Philippines' unemployment rate surged to 5.8% in January 2026—the highest since June 2022—up sharply from December 2025's 4.4%, according to the Philippine Statistics Authority. This affected 2.96 million unemployed Filipinos, with agriculture losing 1.42 million jobs due to weather disturbances.

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