LatinNews Daily - 23 October 2026

*Mexico’s national statistics institute (Inegi) has announced that the unemployment rate in September stood at 2.8% of the economically active population, down from 3.0% in both August 2026 and September 2025. Last month the unemployed population was 1.8m, down 92,000 year-on-year. Meanwhile the economically active population – referring to people aged 15 and over who are employed or seeking work – reached 61.7m people, down 359,000 compared with September 2025. The employed population stood at 60.0m, down 267,000 year-on-year. The informality rate reached 54.3% of the population, down from 54.9% a year earlier. Underemployment also eased, coming in at 6.7% of the population, down from 7.3% in September 2025. By sector, services accounted for 44.9% of employment, followed by trade (19.8%), manufacturing (15.7%), and agriculture, livestock, forestry, hunting, and fishing (10.6%).

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