Employment Rate in Uruguay decreased to 53.60 percent in August from 53.70 percent in July of 2020.

Employment Rate in Uruguay averaged 58.03 percent from 2006 until 2020, reaching an all time high of 61.11 percent in February of 2014 and a record low of 52.10 percent in April of 2020. This page provides - Uruguay Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Uruguay Employment Rate - values, historical data and charts - was last updated on October of 2020.

Employment Rate in Uruguay is expected to be 52.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Rate in Uruguay to stand at 53.10 in 12 months time. In the long-term, the Uruguay Employment Rate is projected to trend around 55.00 percent in 2021 and 56.30 percent in 2022, according to our econometric models.

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Uruguay Employment Rate

Actual Previous Highest Lowest Dates Unit Frequency
53.60 53.70 61.11 52.10 2006 - 2020 percent Monthly

Uruguay Labour Last Previous Highest Lowest Unit
Unemployment Rate 10.80 10.60 13.40 5.40 percent [+]
Employed Persons 56.70 57.80 61.10 46.50 percent [+]
Employment Rate 53.60 53.70 61.11 52.10 percent [+]
Wages 34874.00 32092.00 34874.00 6600.96 UYU/Month [+]
Wages in Manufacturing 349.49 347.71 349.49 33.84 points [+]
Population 3.52 3.51 3.52 2.54 million [+]
Labor Force Participation Rate 60.10 60.10 65.73 57.10 percent [+]

Uruguay Employment Rate
In Uruguay, the employment rate measures the number of people who have a job as a percentage of the working age population.