Jamaica Youth Unemployment Rate - Forecast

Youth Unemployment Rate in Jamaica is expected to be 21.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Youth Unemployment Rate in Jamaica to stand at 21.30 in 12 months time. In the long-term, the Jamaica Youth Unemployment Rate is projected to trend around 20.00 percent in 2020, according to our econometric models.


Jamaica Youth Unemployment Rate
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Jamaica Labour Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 9.6 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 128500 128000 128000 123000 123000 120000
Labor Force Participation Rate 63.9 64.19 64.06 63.97 64.02 64.02
Employed Persons 1206600 1210000 1210000 1220000 1220000 1230000
Employment Rate 90.4 90.55 90.74 91.25 91.6 92.67