Mexico's unemployment rate remained flat in August with respect to the one observed in July. This was mainly driven by an unexpected increase in the participation rate of almost 80bp in seasonally adjusted data reaching 60.1% in August.
Underemployment also stayed constant at 8.2% in sa terms, while the labor informality rate slightly increased. The main message of this report is that employment continues to grow, but the new entrants are maintaining a relatively important level of slack in the labor market.
"Contractual wages increased 4.6% y/y in August, while under low inflation, real wages are still recovering this year giving support to the domestic demand. So far, the unemployment rate has improved 50bp in a year, so at this pace, the economy could be reaching "full employment" (3.5%) by the end of the next year - if the economy continues growing at least close to 2.4% y/y",says Barclays.


US-India Trade Bombshell: Tariffs Slashed to 18% — Rupee Soars, Sensex Explodes
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock
Oil Prices Slip as U.S.–Iran Talks Ease Supply Disruption Fears
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off
Australia’s December Trade Surplus Expands but Falls Short of Expectations
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 



