Overview

• INEGI’s ENOE reports 59.5 million people employed and 1.8 million unemployed, with the labor-force participation rate at 58.8% and the PEA at 61.3 million.
• Roughly 1.4–1.5 million informal positions vanished, leaving 32.6 million informal workers and an informality rate of 54.8%, while formal employment rose by 197,127 jobs.
• Services shed about 1.0 million jobs and agriculture lost 416,830, as the industrial sector added 185,439 positions, led by manufacturing (+254,038) and offset by construction (−97,197).
• Women bore the brunt of the decline with an estimated loss of 767,113 jobs, compared with a 535,660 drop for men.
• Suboccupation eased to 7.1%, and the broader underutilization measure fell to 9.1% as many who left the labor force moved into the PNEA “not available” category.