Overview
- INEGI reported unemployment at 2.7% in January, up from 2.4% in December, with the labor force at 61.3 million and participation slipping to 58.5% from 59.4% a year earlier.
- Informality reached 54.9% in January, totaling 32.7 million workers, while subemployment fell to 6.1%, its lowest level since 2016.
- By sector, construction added about 275,000 jobs year over year, services diverse 223,000 and transport 123,000, while agriculture lost 271,000, commerce 120,000 and professional/financial services 78,000.
- Labor poverty fell to 32.3% in Q4 2025 (about 42.3 million people) as real per‑capita labor income rose 5.3%, though women remained more affected and southern states like Chiapas, Oaxaca and Guerrero posted the highest rates, with Baja California Sur and Colima the lowest.
- Policy assessments stressed fixes to job quality: the OECD urged reforms to reduce informality and raise productivity, and Banxico lifted its 2026 GDP forecast to 1.6% while noting growth risks.