The unemployment rate in the country dropped to its lowest level on record in March, thanks to the boost of the secondary sector and the creation of over 400 thousand jobs. This significant decrease from February’s 2.5 percent and January’s 2.9 percent was announced by the National Institute of Statistics and Geography (Inegi). According to the National Occupation and Employment Survey (ENOE), the employed population in March was 59 million 818 thousand 274, an increase of 414 thousand 335 jobs compared to February and 799,994 more than in March 2023.
Out of this total population, Inegi reported that 41.6 million were subordinate and paid workers, representing a one million increase from the previous year. Meanwhile, there were also 13 million independent workers, 3.1 million employers, and 2.1 million individuals who worked in businesses or family plots.
According to ENOE figures, various sectors contributed significantly to this positive trend, with the services sector being the largest employer at about 26.5 million people. There were also substantial numbers in commerce (11.4 million) and manufacturing (10.3 million). Furthermore, there were around 6.2 million people in agricultural activities, as well as those in construction (4
