Unemployment Rate in Jamaica decreased to 6.20 percent in the first quarter of 2022 from 7.10 percent in the fourth quarter of 2021. source: Statistical Institute of Jamaica
Unemployment Rate in Jamaica averaged 12.34 percent from 1991 until 2022, reaching an all time high of 16.50 percent in the fourth quarter of 1997 and a record low of 6.20 percent in the first quarter of 2022. This page provides - Jamaica Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Jamaica Unemployment Rate - values, historical data and charts - was last updated on June of 2022.
Unemployment Rate in Jamaica is expected to be 8.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Jamaica Unemployment Rate is projected to trend around 8.90 percent in 2023 and 11.00 percent in 2024, according to our econometric models.