Unemployment Rate in Jamaica increased to 7.30 percent in the first quarter of 2020 from 7.20 percent in the fourth quarter of 2019.

Unemployment Rate in Jamaica averaged 12.77 percent from 1991 until 2020, reaching an all time high of 16.50 percent in the fourth quarter of 1997 and a record low of 7.20 percent in the fourth quarter of 2019. This page provides - Jamaica Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Jamaica Unemployment Rate - values, historical data and charts - was last updated on October of 2020.

Unemployment Rate in Jamaica is expected to be 9.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Jamaica to stand at 9.30 in 12 months time. In the long-term, the Jamaica Unemployment Rate is projected to trend around 9.00 percent in 2021 and 8.70 percent in 2022, according to our econometric models.

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Jamaica Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
7.30 7.20 16.50 7.20 1991 - 2020 percent Quarterly

Jamaica Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.30 7.20 16.50 7.20 percent [+]
Youth Unemployment Rate 18.00 17.30 37.00 17.30 percent [+]
Population 2.73 2.73 2.73 1.63 Million [+]
Labor Force Participation Rate 64.50 65.20 65.50 61.70 percent [+]
Unemployed Persons 100400.00 96700.00 215100.00 96700.00 [+]
Employed Persons 1269100.00 1248400.00 1269100.00 1098700.00 [+]
Employment Rate 92.70 92.80 92.80 83.70 percent [+]

Jamaica Unemployment Rate
In Jamaica, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.