Barbados Unemployment Rate  Forecast

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Unemployment Rate in Barbados is expected to be 10.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Barbados to stand at 10.20 in 12 months time. In the long-term, the Barbados Unemployment Rate is projected to trend around 8.50 percent in 2020, according to our econometric models.

Barbados Labour Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Unemployment Rate 11.4 10.8 10.7 10.7 10.2 8.5
Unemployed Persons 13.6 14.3 14.3 14.28 14.35 14.45
Labor Force Participation Rate 65.3 65.01 65.08 64.48 64.79 64.83
Employed Persons 129 129 129 129 129 128