Mexico's employed population grows by 422,000 in one year

The National Survey of Occupation and Employment (ENOE) reported that in March 2026, the employed population reached 60.2 million people, up 422,000 from a year earlier. The unemployment rate fell to 2.4 percent and underemployment to 6.7 percent, though labor informality held steady at 54.8 percent.

Data from the National Survey of Occupation and Employment (ENOE) by the National Institute of Statistics and Geography (INEGI) for March 2026 show the employed population at 60.2 million people, with annual growth of 422,000.

The unemployment rate dropped to 2.4 percent, below the previous month and at historically low levels. Underemployment fell to 6.7 percent, signaling improved job quality. The services sector added 240,000 jobs monthly, driven by restaurants, professional services, and others.

However, the labor informality rate stayed at 54.8 percent, with 33 million people in informal occupations, up from 32.5 million a year earlier. The formal workforce remained at 27.2 million, unchanged from March 2025.

Since January 2019, 6.9 million jobs have been created, 58 percent of which are formal, equivalent to 4 million.

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Illustration of joyful diverse Colombian workers celebrating the unemployment rate drop to 8.8%, featuring job signs, graphs, and national flag.
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Colombia's unemployment rate drops to 8.8% in March 2026

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The Departamento Administrativo Nacional de Estadística (DANE) reported that Colombia's unemployment rate fell to 8.8% in March 2026—the lowest for any March since 2001, continuing the downward trend from 10.9% in January and 9.2% in February—with 2.34 million people unemployed (down 174,000). This marks a 0.8 percentage point drop from 9.6% in March 2025. The employed population grew by 650,000 (2.7%), while the January-March quarter rate stood at 9.6%. Neiva ranked among cities with the lowest unemployment.

IMSS data show the average contribution salary hit a record of 663.50 pesos daily in March, up 7.1% nominally. Yet, formal job creation in the first quarter was the weakest in two decades, excluding past crises. This boosts informality and underemployment, analysts say.

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The National Institute of Statistics reported that the unemployment rate reached 9.1 percent in the February-April 2026 quarter. The figure marks a 0.3 percentage point rise over twelve months and is the highest since the April-June 2021 quarter.

Mexico’s 2026 GDP growth estimates have been revised downward by market analysts, the OECD and other institutions.

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DANE director Piedad Urdinola clarified discrepancies between her agency's employment figures and those from Ugpp, citing different sources and methodologies. This follows criticism from Andi, which claims half a million formal jobs lost since 2023. DANE measures the labor market through direct surveys, while Andi relies on social security contributors.

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