Unemployment Rate in Uruguay increased to 8.10 percent in May from 7.70 percent in April of 2022, while the labor participation rate remained unchanged at 61.70 percent and the employment rate fell to 56.70 percent from 56.90 percent in April. source: Instituto Nacional de Estadística, Uruguay
Unemployment Rate in Uruguay averaged 7.99 percent from 2006 until 2022, 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 2022.
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 7.00 percent in 2023, according to our econometric models.