Mexico reaches record high in formal employment for October 2026

President Claudia Sheinbaum Pardo announced that Mexico reached a record high in formal employment during October 2026. The government reported that the Instituto Mexicano del Seguro Social (IMSS), a social security agency, recorded 23,008,353 formal jobs.

The president noted that the country added 161,077 new jobs between September and October. This monthly increase represents a growth of 0.7 percent in the formal labor market.

Data from the first ten months of 2026 show that the country accumulated 571,277 new formal jobs. This total reflects a 1.3 percent annual increase when compared to October 2025. The IMSS plans to release a full report with specific details on the labor market at the end of the month.