Unemployment Rate in Cayman Islands decreased to 2.80 percent in 2024 from 3.30 percent in 2023. Unemployment Rate in Cayman Islands averaged 4.54 percent from 1995 until 2024, reaching an all time high of 7.50 percent in 2001 and a record low of 2.10 percent in 2022. source: Cayman Islands - The Economics & Statistics Office
Unemployment Rate in Cayman Islands is expected to reach 3.00 percent by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cayman Islands Unemployment Rate is projected to trend around 3.50 percent in 2026 and 4.20 percent in 2027, according to our econometric models.