What is the unemployment rate of Mexico city?

The unemployment rate in Mexico City was 3.4% in the fourth quarter of 2022, according to data from the National Institute of Statistics and Geography (INEGI). This represented an increase from the 3.1% unemployment rate recorded in the third quarter of 2022.

The unemployment rate in Mexico City has been on a downward trend in recent years, from a high of 5.7% in the fourth quarter of 2019. However, the COVID-19 pandemic caused a temporary spike in unemployment, with the rate reaching 12.5% in the second quarter of 2020.

Since then, the unemployment rate in Mexico City has been gradually declining, as the economy has recovered from the pandemic. However, the rate remains above pre-pandemic levels.