Latin America & Caribbean Unemployment Rate (1991-2024)

Population Economy Trade Health Education Development Labor Force Environment Crime Immigration Other

Unemployment Rate Youth Unemployment Rate Participation Rate

Latin America & Caribbean unemployment rate for 2023 was 6.21%, a 0.71% decline from 2022.
Latin America & Caribbean unemployment rate for 2022 was 6.92%, a 2.24% decline from 2021.
Latin America & Caribbean unemployment rate for 2021 was 9.16%, a 1.06% decline from 2020.

Unemployment refers to the share of the labor force that is without work but available for and seeking employment.