In 2021, the annual average unemployment rate in Latin America was around 9.3 percent. The figure represented the second highest rate since 2001, only behind 2020, when 10.3 percent of potential workers in the labor market were unemployed. This rate was substantially higher than the previous years, which could have been a result of job losses during the COVID-19 pandemic. During 2021, Bahamas ranked as the country in Latin America and the Caribbean with the highest unemployment rate.
Unemployment rate in Latin America and the Caribbean from 2001 to 2023
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Economic Commission for Latin America and the Caribbean. (October 28, 2024). Unemployment rate in Latin America and the Caribbean from 2001 to 2023 [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/1341770/unemployment-rate-latin-america-caribbean/
Economic Commission for Latin America and the Caribbean. "Unemployment rate in Latin America and the Caribbean from 2001 to 2023." Chart. October 28, 2024. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/1341770/unemployment-rate-latin-america-caribbean/
Economic Commission for Latin America and the Caribbean. (2024). Unemployment rate in Latin America and the Caribbean from 2001 to 2023. Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/1341770/unemployment-rate-latin-america-caribbean/
Economic Commission for Latin America and the Caribbean. "Unemployment Rate in Latin America and The Caribbean from 2001 to 2023." Statista, Statista Inc., 28 Oct 2024, https://www.statista.com/statistics/1341770/unemployment-rate-latin-america-caribbean/
Economic Commission for Latin America and the Caribbean, Unemployment rate in Latin America and the Caribbean from 2001 to 2023 Statista, https://www.statista.com/statistics/1341770/unemployment-rate-latin-america-caribbean/ (last visited December 23, 2024)
Unemployment rate in Latin America and the Caribbean from 2001 to 2023 [Graph], Economic Commission for Latin America and the Caribbean, October 28, 2024. [Online]. Available: https://www.statista.com/statistics/1341770/unemployment-rate-latin-america-caribbean/
