Overview

• Unemployment stood at 2.7% in Q2 2025, equal to 1.6 million people, up from 2.5% in Q1 but unchanged year over year.
• The economically active population reached 61.1 million and employment totaled 59.4 million, while suboccupation was 7.2% and critical conditions of occupation eased to 32.5%.
• Labor informality rose to 54.8% of workers, with 32.6 million in informal conditions (+398,000 year over year) and 17.2 million in the sector informal (+549,000).
• Job gains were concentrated in services, including professional and corporate services (+229,000) and commerce (+131,000), as construction (−226,000) and manufacturing (−118,000) contracted.
• Net employment increased by about 113,600 versus Q2 2024, the weakest second‑quarter advance in a decade, a pattern analysts say signals deterioration in job quality.