Uruguay's unemployment rate fell to 7% in June 2026 from 7.6% in May, marking the lowest level since December 2025 and pointing to a broadly stable labor market. Regionally, the jobless rate stood at 6.9% in Montevideo and 7.1% in the rest of the country. Unemployment remained lower among men (5.7%) than women (8.5%). Young workers aged 14–24 continued to face the weakest labor market conditions, with an unemployment rate of 21.3%. The rate declined to 9.4% among those aged 25–29, 7.5% for workers aged 30–34, and below 5% for those aged 35 and older. Among employed workers, 8.7% were underemployed, while 20.8% were not registered with the social security system in their main job. The labor force participation rate stood at 63.9%, while the employment rate was 59.5%. source: Instituto Nacional de Estadística, Uruguay
Unemployment Rate in Uruguay decreased to 7 percent in June from 7.60 percent in May of 2026. Unemployment Rate in Uruguay averaged 7.97 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 August of 2026.
Unemployment Rate in Uruguay decreased to 7 percent in June from 7.60 percent in May of 2026. Unemployment Rate in Uruguay is expected to be 7.40 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 7.90 percent in 2027 and 8.00 percent in 2028, according to our econometric models.