Uruguay Jobless Rate Rises Slightly in May
2026-07-01 17:50
By
Isabela Couto
1 min. read
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%.