Uruguay’s unemployment rate edged up to 7.6% in May 2026 from 7.5% in April, pointing to a broadly stable labor market. By region, the jobless rate stood at 7.7% in Montevideo and 7.6% in the country’s interior. By gender, unemployment was lower among men at 6.8%, compared with 8.5% for women. Younger workers continued to face the highest unemployment, with the rate reaching 25.7% among those aged 14 to 24. For workers aged 25 to 29, the rate stood at 8.4%, while it declined steadily across older age groups, falling to 3.7% for those aged 35 to 44 and 2.3% for those aged 65 and over. Among employed workers, 8.8% were underemployed and 20.9% were not registered with social security in their main job. Meanwhile, Uruguay’s labor force participation rate stood at 64.4%, while the employment rate reached 59.5%. source: Instituto Nacional de Estadística, Uruguay
Unemployment Rate in Uruguay increased to 7.60 percent in May from 7.50 percent in April 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 July of 2026.
Unemployment Rate in Uruguay increased to 7.60 percent in May from 7.50 percent in April 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.