Labor Force Participation Rate in Jamaica decreased to 64.50 percent in the fourth quarter of 2019 from 65.20 percent in the third quarter of 2019.

Labor Force Participation Rate in Jamaica averaged 63.68 percent from 2012 until 2019, reaching an all time high of 65.50 percent in the second quarter of 2017 and a record low of 61.70 percent in the third quarter of 2012. This page provides - Jamaica Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Jamaica Labor Force Participation Rate - values, historical data and charts - was last updated on October of 2020.

Labor Force Participation Rate in Jamaica is expected to be 63.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labor Force Participation Rate in Jamaica to stand at 64.10 in 12 months time. In the long-term, the Jamaica Labor Force Participation Rate is projected to trend around 64.50 percent in 2021 and 66.50 percent in 2022, according to our econometric models.

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Jamaica Labor Force Participation Rate

Actual Previous Highest Lowest Dates Unit Frequency
64.50 65.20 65.50 61.70 2012 - 2019 percent Quarterly
NSA

Jamaica Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.30 7.20 16.50 7.20 percent [+]
Youth Unemployment Rate 18.00 17.30 37.00 17.30 percent [+]
Population 2.73 2.73 2.73 1.63 Million [+]
Labor Force Participation Rate 64.50 65.20 65.50 61.70 percent [+]
Unemployed Persons 100400.00 96700.00 215100.00 96700.00 [+]
Employed Persons 1269100.00 1248400.00 1269100.00 1098700.00 [+]
Employment Rate 92.70 92.80 92.80 83.70 percent [+]