Unemployment Rate in Jamaica decreased to 8.50 percent in the third quarter of 2021 from 9 percent in the second quarter of 2021. source: Statistical Institute of Jamaica

Unemployment Rate in Jamaica averaged 12.53 percent from 1991 until 2021, 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 January of 2022.

Unemployment Rate in Jamaica is expected to be 8.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Jamaica Unemployment Rate is projected to trend around 8.90 percent in 2022 and 11.00 percent in 2023, according to our econometric models.

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Jamaica Unemployment Rate

Related Last Previous Unit Reference
Unemployment Rate 8.50 9.00 percent Sep/21
Youth Unemployment Rate 19.00 25.30 percent Mar/21
Population 2.96 2.73 Million Dec/20
Employment Rate 91.50 91.00 percent Sep/21
Employed Persons 1215000.00 1206000.00 Sep/21
Unemployed Persons 112500.00 119400.00 Sep/21
Labor Force Participation Rate 62.80 62.00 percent Mar/21
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.