Uruguay’s unemployment rate edged up to 7.2% in August 2026 from 7.0% in July, marking the first increase since May. By region, Montevideo recorded a higher unemployment rate than the rest of the country, at 7.3% versus 7.1%. The gap between men and women persisted, with female unemployment at 8.8%, compared with 5.7% for men. Unemployment varied significantly by age, reaching 23.4% among young people aged 14 to 24, the group facing the greatest difficulties entering the labor market. This pattern was similar to that observed in July. Regarding employment quality, both underemployment (9.1%) and the lack of social security registration (20.8%) remained at levels similar to those recorded in the previous month. source: Instituto Nacional de Estadística, Uruguay
Unemployment Rate in Uruguay increased to 7.20 percent in August from 7 percent in July 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 October of 2026.
Unemployment Rate in Uruguay increased to 7.20 percent in August from 7 percent in July 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.