Unemployment Rate in Jamaica increased to 6.60 percent in the third quarter of 2022 from 6 percent in the second quarter of 2022. source: Statistical Institute of Jamaica

Unemployment Rate in Jamaica averaged 12.14 percent from 1991 until 2022, reaching an all time high of 16.50 percent in the fourth quarter of 1997 and a record low of 6.00 percent in the second quarter of 2022. 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 June of 2023.

Unemployment Rate in Jamaica is expected to be 8.90 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 2023 and 11.00 percent in 2024, according to our econometric models.

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Jamaica Unemployment Rate

Related Last Previous Unit Reference
Unemployment Rate 6.60 6.00 percent Sep 2022
Youth Unemployment Rate 16.70 15.50 percent Sep 2022
Population 2.83 2.82 Million Dec 2021
Labor Force Participation Rate 64.70 64.40 percent Sep 2022
Employment Rate 93.40 94.00 percent Sep 2022
Employed Persons 1268000.00 1269300.00 Sep 2022
Unemployed Persons 89700.00 81000.00 Sep 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
6.60 6.00 16.50 6.00 1991 - 2022 percent Quarterly