Youth Unemployment Rate in Jamaica increased to 28 percent in the third quarter of 2020 from 16.30 percent in the first quarter of 2020. source: Statistical Institute of Jamaica
Youth Unemployment Rate in Jamaica averaged 27.45 percent from 2012 until 2020, reaching an all time high of 37 percent in the second quarter of 2013 and a record low of 16.30 percent in the first quarter of 2020. This page provides - Jamaica Youth Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Jamaica Youth Unemployment Rate - values, historical data and charts - was last updated on February of 2021.
Youth Unemployment Rate in Jamaica is expected to be 24.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Youth Unemployment Rate in Jamaica to stand at 22.50 in 12 months time. In the long-term, the Jamaica Youth Unemployment Rate is projected to trend around 22.00 percent in 2021 and 20.00 percent in 2022, according to our econometric models.