Jamaica Unemployment Rate

Unemployment Rate in Jamaica increased to 14.20 percent in the first quarter of 2013 from 13.70 percent in the fourth quarter of 2012. Unemployment Rate in Jamaica is reported by the Statistical Institute of Jamaica. Historically, from 1991 until 2013, Jamaica Unemployment Rate averaged 13.80 Percent reaching an all time high of 16.50 Percent in December of 1997 and a record low of 9.80 Percent in December of 2007. In Jamaica, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page includes a chart with historical data for Jamaica Unemployment Rate.

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Unemployment Rate | Notes

The unemployment rate can be defined as the number of people actively looking for a job divided by the labour force. Changes in unemployment depend mostly on inflows made up of non-employed people starting to look for jobs, of employed people who lose their jobs and look for new ones and of people who stop looking for employment.






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