FX.co ★ Mexico’s Jobless Rate Ticks Up to 2.9% in June, Ending Downward Trend

Mexico’s non-seasonally adjusted unemployment rate inched up to 2.90% in June 2026, up from 2.80% in May 2026, according to data updated on 24 July 2026. The move marks a slight reversal after the previous month’s lower reading, suggesting a modest cooling in the labor market.

Although the increase is small in absolute terms, the uptick breaks the prior downward trend in unemployment. Investors and analysts will be watching upcoming releases closely to see whether June’s figure proves to be a temporary blip or the start of a more sustained shift in Mexico’s employment dynamics.