Labor Force Participation Rate in Trinidad And Tobago increased to 59.20 percent in the third quarter of 2018 from 58.50 percent in the second quarter of 2018.

Labor Force Participation Rate in Trinidad And Tobago averaged 61.17 percent from 1991 until 2018, reaching an all time high of 64.50 percent in the fourth quarter of 2004 and a record low of 57.80 percent in the first quarter of 1991. This page provides - Trinidad And Tobago Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Trinidad And Tobago Labor Force Participation Rate - values, historical data and charts - was last updated on July of 2020. source: Central Bank of Trinidad and Tobago

Labor Force Participation Rate in Trinidad And Tobago is expected to be 58.30 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 Trinidad And Tobago to stand at 58.20 in 12 months time. In the long-term, the Trinidad And Tobago Labor Force Participation Rate is projected to trend around 58.24 percent in 2021 and 58.11 percent in 2022, according to our econometric models.

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Trinidad And Tobago Labor Force Participation Rate

Actual Previous Highest Lowest Dates Unit Frequency
59.20 58.50 64.50 57.80 1991 - 2018 percent Quarterly
NSA

Trinidad And Tobago Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.60 3.80 21.10 3.10 percent [+]
Population 1.36 1.36 1.36 0.85 Million [+]
Labor Force Participation Rate 59.20 58.50 64.50 57.80 percent [+]
Unemployed Persons 28.90 24.00 106.20 20.50 Thousand [+]