Uruguay’s unemployment rate rose to 7.4% in January 2026, up from 7.0% in December. This marks the highest jobless rate since May 2025. Joblessness remained slightly lower in Montevideo (7.3%) than in the rest of the country (7.5%). By gender, unemployment stood at 5.9% for men and 9.2% for women. By age, unemployment remained elevated at 25.6% among those aged 14–24, while it was lowest among workers aged 65 and over, at 3%. Among the employed, 8.2% were underemployed, and 20% were not registered with social security in their main job. Meanwhile, the labor force participation rate edged up to 64.6%, while the employment rate dipped slightly to 59.8%. source: Instituto Nacional de Estadística, Uruguay
Unemployment Rate in Uruguay increased to 7.40 percent in January from 7 percent in December of 2025. Unemployment Rate in Uruguay averaged 7.99 percent from 2006 until 2026, 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 March of 2026.
Unemployment Rate in Uruguay increased to 7.40 percent in January from 7 percent in December of 2025. 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 7.60 percent in 2027 and 8.00 percent in 2028, according to our econometric models.