Unemployment Rate (Monthly)
Carribean Ranking
percentSource: IMF
Definition of Unemployment Rate (Monthly)
The unemployment rate represents the share of the labor force that is without work but available for and seeking employment.
| Current Rank | Country | Value | Latest Reading | Previous Rank | Previous Value |
|---|---|---|---|---|---|
| 1 | Barbados | 7.2 | 12-2022 | 1 | 7.1 |
| 2 | Puerto Rico | 6.1 | 8-2023 | 2 | 6.1 |
| 3 ↑ | Dominican Republic | 5.23 | 3-2023 | 4 | 4.78 |
| 4 ↓ | Trinidad and Tobago | 4.9 | 3-2023 | 3 | 5.4 |
| 5 | Jamaica | 4.5 | 6-2023 | 5 | 4.5 |
The unemployment rate represents the share of the labor force that is without work but available for and seeking employment.
