Labor Force Participation Rate in Jamaica decreased to 61.30 percent in the third quarter of 2020 from 65.60 percent in the first quarter of 2020. source: Statistical Institute of Jamaica

Labor Force Participation Rate in Jamaica averaged 63.66 percent from 2012 until 2020, reaching an all time high of 65.60 percent in the first quarter of 2020 and a record low of 61.30 percent in the third quarter of 2020. This page provides - Jamaica Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Jamaica Labor Force Participation Rate - values, historical data and charts - was last updated on January of 2021.

Labor Force Participation Rate in Jamaica is expected to be 62.10 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 Jamaica to stand at 63.50 in 12 months time. In the long-term, the Jamaica Labor Force Participation Rate is projected to trend around 64.00 percent in 2021 and 66.50 percent in 2022, according to our econometric models.

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Jamaica Labor Force Participation Rate

Actual Previous Highest Lowest Dates Unit Frequency
61.30 65.60 65.60 61.30 2012 - 2020 percent Quarterly
NSA

Jamaica Labour Last Previous Highest Lowest Unit
Unemployment Rate 12.60 7.30 16.50 7.20 percent [+]
Youth Unemployment Rate 28.00 16.30 37.00 16.30 percent [+]
Population 2.73 2.73 2.73 1.63 Million [+]
Labor Force Participation Rate 61.30 65.60 65.60 61.30 percent [+]
Unemployed Persons 161300.00 100400.00 215100.00 96700.00 [+]
Employed Persons 1118300.00 1269100.00 1269100.00 1098700.00 [+]
Employment Rate 87.40 92.70 92.80 83.70 percent [+]