Mexico began 2026 with signs of weakening in formal employment and a decline in economic perceptions among both businesses and consumers, according to a weekly economic analysis by the Center for Economic Studies of the Private Sector (Ceesp).
The year 2026 has commenced with indications of a decline in formal employment and worsening economic perceptions from both business leaders and consumers, as highlighted by the Center for Economic Studies of the Private Sector (Ceesp) in its latest analysis. Despite the findings from the Organization for Economic Co-operation and Development (OECD), which noted that Mexico has the second-lowest unemployment rate within its member countries, the Ceesp detailed a concerning trend in formal job growth.
In January 2026, the Mexican Social Security Institute (IMSS) reported a historic total of 22,508,972 insured workers, marking the highest number recorded for the month. While this figure initially appears positive, the Ceesp pointed out that the month-to-month employment data showed a backward trend, raising alarms about the sustainability of these employment figures amid the ongoing economic challenges.
The report underscores the complexity of the employment landscape in Mexico, where despite achieving notable employment registrations, the perception amongst employers and consumers is faltering. This discrepancy signals potential economic instability and highlights the need for further analysis and responsive strategies to bolster both employment and economic confidence as the year progresses.
