Unemployment Rate in Uruguay increased to 10.50 percent in February from 8.50 percent in January of 2020.
Unemployment Rate in Uruguay averaged 7.75 percent from 2006 until 2020, 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 June of 2020.
Unemployment Rate in Uruguay is expected to be 11.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Uruguay to stand at 10.50 in 12 months time. In the long-term, the Uruguay Unemployment Rate is projected to trend around 9.50 percent in 2021 and 8.70 percent in 2022, according to our econometric models.