Unemployment Rate in Uruguay increased to 8.4 percent in June of 2022 from 8.1 percent in the previous month. The labor participation rate edged up to 61.8 percent from 61.70 percent in May and the employment rate stood at 56.70 percent. 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 August of 2022.
Unemployment Rate in Uruguay is expected to be 8.10 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.