Unemployment Rate in New Caledonia increased to 16.50 percent in 2020 from 10.90 percent in 2019. source: ISEE, New Caledonia

Unemployment Rate in New Caledonia averaged 15.72 percent from 1989 until 2020, reaching an all time high of 19.20 percent in 1993 and a record low of 10.90 percent in 2019. This page provides - New Caledonia Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. New Caledonia Unemployment Rate - values, historical data and charts - was last updated on October of 2021.

Unemployment Rate in New Caledonia is expected to reach 15.00 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the New Caledonia Unemployment Rate is projected to trend around 14.00 percent in 2022 and 11.50 percent in 2023, according to our econometric models.

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New Caledonia Unemployment Rate

New Caledonia Last Unit Reference Previous Highest Lowest
Unemployment Rate 16.50 percent Dec/20 10.90 19.20 10.90
Employed Persons 64330.00 Mar/21 64206.00 89329.00 45986.00
Unemployed Persons 2159.00 Dec/20 2261.00 2813.00 983.00
Youth Unemployment Rate 26.50 percent Dec/19 28.30 38.40 25.20

New Caledonia Unemployment Rate
In New Caledonia, unemployed persons are individuals who are without a job and actively seeking to work.