Uruguay’s unemployment rate rose to 7.8% in March 2026 from 7.4% in February, marking the highest level since May 2025. Joblessness was slightly higher in Montevideo at 8.0% than in the rest of the country at 7.6%. By gender, the unemployment rate stood at 9.3% for women and 6.4% for men, while youth unemployment remained elevated at 25.9% and was lowest among workers aged 65 and over at 2.9%. Among those employed, 9.4% were underemployed and 22% were not registered with social security in their main job. Meanwhile, the labor force participation rate edged down to 64.3% from 64.6%, and the employment rate declined to 59.3% from 59.8% in February. source: Instituto Nacional de Estadística, Uruguay
Unemployment Rate in Uruguay increased to 7.80 percent in March from 7.40 percent in February of 2026. Unemployment Rate in Uruguay averaged 7.98 percent from 2006 until 2026, reaching an all time high of 13.40 percent in January of 2006 and a record low of 5.40 percent in December of 2010. This page provides - Uruguay Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Uruguay Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on May of 2026.
Unemployment Rate in Uruguay increased to 7.80 percent in March from 7.40 percent in February of 2026. Unemployment Rate in Uruguay is expected to be 7.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Uruguay Unemployment Rate is projected to trend around 7.60 percent in 2027 and 8.00 percent in 2028, according to our econometric models.