Unemployment rate in the Bahamas 2023

The unemployment rate in the Bahamas decreased by 0.7 percentage points (-7.09 percent) compared to the previous year. Nevertheless, the last two years recorded a significantly higher unemployment rate than the preceding years.
The unemployment rate of a country or region refers to the share of the total workforce that is currently without work, but actively searching for employment. It does not include economically inactive persons, such as children, retirees, or the long-term unemployed.

Find more key insights for the unemployment rate in countries like Haiti and St. Vincent and the Grenadines.