Labor Force Participation Rate in Barbados increased to 65.90 percent in the second quarter of 2017 from 65.50 percent in the first quarter of 2017.

Labor Force Participation Rate in Barbados averaged 65.70 percent from 2001 until 2017, reaching an all time high of 70.60 percent in the second quarter of 2004 and a record low of 14.10 percent in the second quarter of 2002. This page provides - Barbados Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Barbados Labor Force Participation Rate - values, historical data and charts - was last updated on June of 2020.

Labor Force Participation Rate in Barbados is expected to be 65.63 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labor Force Participation Rate in Barbados to stand at 65.76 in 12 months time. In the long-term, the Barbados Labor Force Participation Rate is projected to trend around 65.66 percent in 2021 and 65.58 percent in 2022, according to our econometric models.

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Barbados Labor Force Participation Rate

Actual Previous Highest Lowest Dates Unit Frequency
65.90 65.50 70.60 14.10 2001 - 2017 percent Quarterly

Barbados Labour Last Previous Highest Lowest Unit
Unemployment Rate 8.90 9.50 13.20 7.60 percent [+]
Unemployed Persons 12.30 13.50 19.10 0.00 Thousand [+]
Employed Persons 126.00 129.00 136.70 89.00 Thousand [+]


Barbados Labor Force Participation Rate
The labour force participation rates is the number of persons who are employed and unemployed but looking for a job divided by the total working-age population.