Best answer: What is the unemployment rate in Uruguay?

Characteristic Unemployment rate
2020 12.67%
2019 9.35%
2018 8.34%
2017 7.89%

How many people are unemployed in Uruguay?

Uruguay unemployment rate for 2019 was 9.35%, a 1.01% increase from 2018. Uruguay unemployment rate for 2018 was 8.34%, a 0.45% increase from 2017.

Uruguay Unemployment Rate 1991-2021.

Uruguay Unemployment Rate – Historical Data
Year Unemployment Rate (%) Annual Change
2017 7.89% 0.05%
2016 7.84% 0.35%
2015 7.49% 0.94%

What country has the worst unemployment rate?

In 2017, Burkina Faso had the highest unemployment rate in the world, at 77 percent.

Where is the highest unemployment rate?

Unemployment Nevada had the highest unemployment rate in July, 7.7 percent, closely followed by California, New Mexico, and New York, 7.6 percent each. Nebraska and Utah had the lowest jobless rates, 2.3 percent and 2.6 percent, respectively.

What are the main exports of Uruguay?

Uruguay’s economic base is its agricultural sector, exporting products such as meat, dairy, grains, and forestry products. 65 percent of exports are agricultural-based products. About half of all industrial production is dedicated to food processing or the refining of agricultural products.

What was the lowest unemployment rate in 2020?

Unemployment Rate in the United States averaged 5.77 percent from 1948 until 2021, reaching an all time high of 14.80 percent in April of 2020 and a record low of 2.50 percent in May of 1953.

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Which country has best employment rate?

The adult employment rate in 2020 was higher in Switzerland than any other Organization for Economic Cooperation and Development (OECD) country, at 79.9 percent.

Employment rate in OECD countries in 2020.

Characteristic Employment rate
Germany* 76.7%
Sweden 75.5%
United Kingdom 75.3%
Norway 74.7%

Why Uruguay is so poor?

Still, poverty does exist in this Latin American country, and the causes of poverty in Uruguay can be summarized in three major categories: lack of education for young children, the rapidly modernizing rural sector and discrepancies in economic status between men and women.

Is Uruguay a good place to live?

One expat said, “Uruguay is a friendly, relaxed, politically stable, relatively safe and enjoyable place to live. … The coastal areas offer fairly good beaches and there are expat communities but offer much less to do. You will have to have a car anywhere outside of Montevideo, whereas in the city you won’t need one.

Is Uruguay a 3rd world country?

The term “First World” was first used during the Cold War. This term was originally used to describe countries aligned with NATO and were opponents of the Soviet Union.

First World Countries 2021.

Country Human Development Index 2021 Population
Uruguay 0.804 3,485,151
Kuwait 0.803 4,328,550
Malaysia 0.802 32,776,194
Barbados 0.8 287,711