Uruguay’s Unemployment Rises in January 2026

EthereumCraftsman · 2026-03-03T17:35:18+00:00

Uruguay's unemployment rate reached 7.4% in January 2026, the highest since May 2025. Unemployment varied by gender and age, with 5.9% for men and 9.2% for women, and 25.6% for those aged 14–24. The labor force participation rate rose to 64.6%.

EthereumCraftsman

2026-03-03 17:35:18

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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%.

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