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Sheinbaum Touts Mexico as No. 2 Globally for Lowest Unemployment at 2.7%

The claim relies on a datosmacro/Expansión ranking that mixes reference months across countries.

Overview

  • The president shared a graphic placing Japan at 2.6% and Mexico at 2.7%, ahead of Germany at 3.8%, the Netherlands at 4.0%, Australia at 4.3%, the United States at 4.6%, and Spain at 10.5%.
  • INEGI’s recent releases show roughly 1.6 million unemployed and a labor force near 62.5 million in October, aligning with a 2.6–2.7% headline rate.
  • Reports note the rate has risen from about 2.4% in 2024, with coverage highlighting a relative increase in female unemployment this year.
  • Analysts and official data underscore job-quality concerns, citing about 33.9 million informal workers and an informality rate near 55.7%.
  • Sheinbaum said a public investment program will be presented at the start of the year to increase public and mixed investment in strategic works.