Barbados Unemployment Rate - Forecast

Unemployment Rate in Barbados is expected to be 10.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Barbados to stand at 8.10 in 12 months time. In the long-term, the Barbados Unemployment Rate is projected to trend around 9.50 percent in 2020, according to our econometric models.

Forecast Data Chart
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Barbados Labour Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Unemployment Rate 8.2 10.2 8.2 7.9 8.1 9.5
Unemployed Persons 16.6 16.9 17.6 18 18.4 18.5
Labor Force Participation Rate 65.9 65.88 65.4 65.63 65.88 65.58
Employed Persons 131 131 129 131 130 130