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Mexico formal employment trends and labor market shifts
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2026-10-24 00:38 UTC → 2026-10-26 18:41 UTC ·
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Mexico formal employment trends and labor market shifts
Mexico's formal employment reached a historic high in September 2026, with the Mexican Social Security Institute (IMSS) reporting 22,927,276 total affiliates. This milestone was supported by the creation of 128,803 new jobs during the month, a figure that more than tripled tripling the 38,319 positions recorded in August. Permanent positions also reached a record of 19,967,281, accounting for 87.1% of the total workforce. Additionally, the The average daily contribution salary reached 666 pesos, the highest for any September on record. Sectoral growth was led by extractive industries (5.2%) and transport and communications (4.8%). Geographically, Baja California maintained high annual growth at 8.2%, followed by Quintana Roo, Oaxaca, and Tabasco. Notably, while formal workers in Nuevo León surpassed the 2 million mark for the first time, representing 16.2% of the national total. Mexico City remains the leader in total volume of formal employment with 3,689,815 registered workers and the highest average daily contribution base salary at $800.86. Despite these monthly gains, the third quarter showed a loss of momentum. The 147,572 jobs added between July and September represented the lowest third-quarter total since 2009, marking a 40.02% annual decline in job creation compared to the same period in 2025. time. In northern Mexico, Sonora recorded a 0.8% monthly increase in insured workers, totaling 649,955, driven by a 7.5% rise in the agriculture, livestock, forestry, fishing, and hunting sector. In Ciudad Juárez, the addition of 1,049 new jobs in September continued a recovery trend following job losses that began in June 2023. By late October, new data indicated a broader contraction in Despite these formal gains, the broader labor market. While formal employment saw market showed signs of contraction. The National Institute of Statistics and Geography (INEGI) reported a modest increase total loss of 129,130 approximately 717,972 jobs in September, this was insufficient to offset primarily driven by a sharp decline reduction of 847,102 positions in the informal economy, which lost 847,102 positions. economy. While the unemployment rate fell to 2.8% according to the National Occupation and Employment Survey (ENOE), labor participation also dropped to 58.5%, its lowest level in seven months. Analysts suggest this decline in participation may indicate a loss of dynamism as individuals exit the economically active population.
Versions
- 2026-10-26 18:41 UTC Mexico formal employment trends and labor market shifts
- 2026-10-24 00:38 UTC Mexico formal employment trends
- 2026-10-23 20:22 UTC Mexico formal employment trends
- 2026-10-10 10:22 UTC Mexico formal employment trends
- 2026-10-09 22:11 UTC Mexico formal employment trends
- 2026-10-09 03:19 UTC Mexico formal employment trends
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