Jamaica Unemployment Rate - Forecast

Unemployment Rate in Jamaica is expected to be 10.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Jamaica to stand at 8.40 in 12 months time. In the long-term, the Jamaica Unemployment Rate is projected to trend around 12.00 percent in 2020, according to our econometric models.


Forecast Data Chart
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Jamaica Labour Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 9.7 10 10 10.5 8.4 12
Youth Unemployment Rate 21.6 21.7 21.7 21.3 21.3 20
Population 2.73 2.73 2.73 2.73 2.73 2.73
Unemployed Persons 131100 128000 128000 123000 123000 120000
Labor Force Participation Rate 63.9 64.19 64.06 63.97 64.02 64.02
Employed Persons 1217300 1210000 1210000 1220000 1220000 1230000
Employment Rate 90.3 90.55 90.74 91.25 91.6 92.67