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Uruguay Employment Rate

Price

59.1 %

Change +/-

+0.3 %

Percentage Change

+0.51 %

The current value of the Employment Rate in Uruguay is 59.1 %. The Employment Rate in Uruguay increased to 59.1 % on 8/1/2024, after it was 58.8 % on 7/1/2024. From 1/1/2006 to 9/1/2024, the average GDP in Uruguay was 57.82 %. The all-time high was reached on 2/1/2014 with 61.11 %, while the lowest value was recorded on 4/1/2020 with 52.1 %.

Source: Instituto Nacional de Estadística, Uruguay

Employment Rate ·

3 years
5 years
10 years
25 Years
Max

Employment rate

	Employment rate
1/1/2006	53.58 %
2/1/2006	52.62 %
3/1/2006	53.03 %
4/1/2006	53.67 %
5/1/2006	54.46 %
6/1/2006	53.28 %
7/1/2006	53.86 %
8/1/2006	54.66 %
9/1/2006	54.42 %
10/1/2006	54.7 %
11/1/2006	55.41 %
12/1/2006	55.98 %
1/1/2007	55.95 %
2/1/2007	56.03 %
3/1/2007	56.71 %
4/1/2007	56.4 %
5/1/2007	56.8 %
6/1/2007	56 %
7/1/2007	55.87 %
8/1/2007	57.19 %
9/1/2007	56.53 %
10/1/2007	57 %
11/1/2007	57.36 %
12/1/2007	58.47 %
1/1/2008	56.75 %
2/1/2008	56.38 %
3/1/2008	56.91 %
4/1/2008	57.97 %
5/1/2008	57.99 %
6/1/2008	57.15 %
7/1/2008	57.25 %
8/1/2008	57.36 %
9/1/2008	57.02 %
10/1/2008	58.17 %
11/1/2008	59.9 %
12/1/2008	59.36 %
1/1/2009	58.88 %
2/1/2009	58.55 %
3/1/2009	57.18 %
4/1/2009	57.24 %
5/1/2009	57.96 %
6/1/2009	57.46 %
7/1/2009	58.08 %
8/1/2009	59.27 %
9/1/2009	59.11 %
10/1/2009	58.73 %
11/1/2009	59.25 %
12/1/2009	59.91 %
1/1/2010	58.6 %
2/1/2010	58.23 %
3/1/2010	60.05 %
4/1/2010	58.27 %
5/1/2010	57.21 %
6/1/2010	58.59 %
7/1/2010	58.67 %
8/1/2010	59.89 %
9/1/2010	59.38 %
10/1/2010	58.33 %
11/1/2010	60.4 %
12/1/2010	60.06 %
1/1/2011	59.42 %
2/1/2011	60.7 %
3/1/2011	59.54 %
4/1/2011	60.13 %
5/1/2011	59.94 %
6/1/2011	61.09 %
7/1/2011	60.17 %
8/1/2011	60.19 %
9/1/2011	60.37 %
10/1/2011	58.89 %
11/1/2011	60.07 %
12/1/2011	60.28 %
1/1/2012	59.7 %
2/1/2012	59.3 %
3/1/2012	59.5 %
4/1/2012	60.2 %
5/1/2012	59.8 %
6/1/2012	59.8 %
7/1/2012	59.7 %
8/1/2012	60.3 %
9/1/2012	59.2 %
10/1/2012	60.9 %
11/1/2012	60.1 %
12/1/2012	60.7 %
1/1/2013	58.17 %
2/1/2013	59.28 %
3/1/2013	59.74 %
4/1/2013	59.68 %
5/1/2013	59.45 %
6/1/2013	59.69 %
7/1/2013	58.23 %
8/1/2013	59.39 %
9/1/2013	59.48 %
10/1/2013	59.75 %
11/1/2013	59.75 %
12/1/2013	60.56 %
1/1/2014	60.54 %
2/1/2014	61.11 %
3/1/2014	60.14 %
4/1/2014	60.41 %
5/1/2014	60.46 %
6/1/2014	59.56 %
7/1/2014	59.97 %
8/1/2014	59.9 %
9/1/2014	60.72 %
10/1/2014	60.78 %
11/1/2014	60.72 %
12/1/2014	60.73 %
1/1/2015	59.51 %
2/1/2015	58.8 %
3/1/2015	59.94 %
4/1/2015	58.99 %
5/1/2015	58.72 %
6/1/2015	59.47 %
7/1/2015	59.06 %
8/1/2015	58.37 %
9/1/2015	57.69 %
10/1/2015	58.08 %
11/1/2015	59.61 %
12/1/2015	59.78 %
1/1/2016	58.84 %
2/1/2016	58.25 %
3/1/2016	59.39 %
4/1/2016	58.12 %
5/1/2016	58.24 %
6/1/2016	58.48 %
7/1/2016	57.77 %
8/1/2016	57.89 %
9/1/2016	58.56 %
10/1/2016	59.13 %
11/1/2016	57.99 %
12/1/2016	58.62 %
1/1/2017	57.32 %
2/1/2017	58.15 %
3/1/2017	57.96 %
4/1/2017	58.36 %
5/1/2017	57.87 %
6/1/2017	57.34 %
7/1/2017	58.29 %
8/1/2017	56.81 %
9/1/2017	57.99 %
10/1/2017	58.19 %
11/1/2017	58.08 %
12/1/2017	58.19 %
1/1/2018	57.3 %
2/1/2018	57.3 %
3/1/2018	56.65 %
4/1/2018	57.04 %
5/1/2018	57.17 %
6/1/2018	56.96 %
7/1/2018	56.54 %
8/1/2018	57.03 %
9/1/2018	56.41 %
10/1/2018	57.38 %
11/1/2018	58.58 %
12/1/2018	58.46 %
1/1/2019	57.57 %
2/1/2019	57.11 %
3/1/2019	56.16 %
4/1/2019	56.61 %
5/1/2019	56.82 %
6/1/2019	55.3 %
7/1/2019	55.79 %
8/1/2019	56.6 %
9/1/2019	56.16 %
10/1/2019	56.53 %
11/1/2019	57.16 %
12/1/2019	57.73 %
1/1/2020	57.46 %
2/1/2020	56.35 %
3/1/2020	53.1 %
4/1/2020	52.1 %
5/1/2020	52.9 %
6/1/2020	53.6 %
7/1/2020	53.7 %
8/1/2020	53.6 %
9/1/2020	54.1 %
10/1/2020	54.5 %
11/1/2020	55 %
12/1/2020	54.9 %
1/1/2021	55.2 %
2/1/2021	54.9 %
3/1/2021	54.9 %
4/1/2021	55 %
5/1/2021	54.5 %
6/1/2021	55.4 %
7/1/2021	54.7 %
8/1/2021	55.9 %
9/1/2021	55.8 %
10/1/2021	56.8 %
11/1/2021	57.2 %
12/1/2021	57.7 %
1/1/2022	57.1 %
2/1/2022	57.2 %
3/1/2022	57.1 %
4/1/2022	56.9 %
5/1/2022	56.7 %
6/1/2022	56.7 %
7/1/2022	56.8 %
8/1/2022	56.6 %
9/1/2022	56.8 %
10/1/2022	57.2 %
11/1/2022	57.5 %
12/1/2022	57.7 %
1/1/2023	57.5 %
2/1/2023	57.5 %
3/1/2023	57.3 %
4/1/2023	57.5 %
5/1/2023	57.8 %
6/1/2023	58.2 %
7/1/2023	58.6 %
8/1/2023	58.2 %
9/1/2023	58.5 %
10/1/2023	58.6 %
11/1/2023	58.4 %
12/1/2023	58.9 %
1/1/2024	58.8 %
2/1/2024	58.9 %
3/1/2024	58.4 %
4/1/2024	58.3 %
5/1/2024	58.5 %
6/1/2024	58.6 %
7/1/2024	58.8 %
8/1/2024	59.1 %

Employment Rate History

Date	Value
8/1/2024	59.1 %
7/1/2024	58.8 %
6/1/2024	58.6 %
5/1/2024	58.5 %
4/1/2024	58.3 %
3/1/2024	58.4 %
2/1/2024	58.9 %
1/1/2024	58.8 %
12/1/2023	58.9 %
11/1/2023	58.4 %
10/1/2023	58.6 %
9/1/2023	58.5 %
8/1/2023	58.2 %
7/1/2023	58.6 %
6/1/2023	58.2 %
5/1/2023	57.8 %
4/1/2023	57.5 %
3/1/2023	57.3 %
2/1/2023	57.5 %
1/1/2023	57.5 %
12/1/2022	57.7 %
11/1/2022	57.5 %
10/1/2022	57.2 %
9/1/2022	56.8 %
8/1/2022	56.6 %
7/1/2022	56.8 %
6/1/2022	56.7 %
5/1/2022	56.7 %
4/1/2022	56.9 %
3/1/2022	57.1 %
2/1/2022	57.2 %
1/1/2022	57.1 %
12/1/2021	57.7 %
11/1/2021	57.2 %
10/1/2021	56.8 %
9/1/2021	55.8 %
8/1/2021	55.9 %
7/1/2021	54.7 %
6/1/2021	55.4 %
5/1/2021	54.5 %
4/1/2021	55 %
3/1/2021	54.9 %
2/1/2021	54.9 %
1/1/2021	55.2 %
12/1/2020	54.9 %
11/1/2020	55 %
10/1/2020	54.5 %
9/1/2020	54.1 %
8/1/2020	53.6 %
7/1/2020	53.7 %
6/1/2020	53.6 %
5/1/2020	52.9 %
4/1/2020	52.1 %
3/1/2020	53.1 %
2/1/2020	56.35 %
1/1/2020	57.463 %
12/1/2019	57.726 %
11/1/2019	57.157 %
10/1/2019	56.534 %
9/1/2019	56.161 %
8/1/2019	56.599 %
7/1/2019	55.785 %
6/1/2019	55.304 %
5/1/2019	56.819 %
4/1/2019	56.611 %
3/1/2019	56.16 %
2/1/2019	57.106 %
1/1/2019	57.567 %
12/1/2018	58.455 %
11/1/2018	58.579 %
10/1/2018	57.38 %
9/1/2018	56.413 %
8/1/2018	57.025 %
7/1/2018	56.543 %
6/1/2018	56.962 %
5/1/2018	57.173 %
4/1/2018	57.043 %
3/1/2018	56.647 %
2/1/2018	57.305 %
1/1/2018	57.299 %
12/1/2017	58.186 %
11/1/2017	58.081 %
10/1/2017	58.191 %
9/1/2017	57.989 %
8/1/2017	56.807 %
7/1/2017	58.291 %
6/1/2017	57.343 %
5/1/2017	57.871 %
4/1/2017	58.358 %
3/1/2017	57.965 %
2/1/2017	58.146 %
1/1/2017	57.324 %
12/1/2016	58.622 %
11/1/2016	57.995 %
10/1/2016	59.13 %
9/1/2016	58.56 %
8/1/2016	57.889 %
7/1/2016	57.774 %
6/1/2016	58.478 %
5/1/2016	58.244 %
4/1/2016	58.116 %
3/1/2016	59.392 %
2/1/2016	58.254 %
1/1/2016	58.835 %
12/1/2015	59.783 %
11/1/2015	59.613 %
10/1/2015	58.084 %
9/1/2015	57.692 %
8/1/2015	58.366 %
7/1/2015	59.064 %
6/1/2015	59.474 %
5/1/2015	58.719 %
4/1/2015	58.988 %
3/1/2015	59.943 %
2/1/2015	58.8 %
1/1/2015	59.506 %
12/1/2014	60.733 %
11/1/2014	60.716 %
10/1/2014	60.783 %
9/1/2014	60.718 %
8/1/2014	59.899 %
7/1/2014	59.974 %
6/1/2014	59.565 %
5/1/2014	60.463 %
4/1/2014	60.41 %
3/1/2014	60.144 %
2/1/2014	61.107 %
1/1/2014	60.536 %
12/1/2013	60.557 %
11/1/2013	59.749 %
10/1/2013	59.751 %
9/1/2013	59.485 %
8/1/2013	59.395 %
7/1/2013	58.231 %
6/1/2013	59.687 %
5/1/2013	59.453 %
4/1/2013	59.675 %
3/1/2013	59.74 %
2/1/2013	59.279 %
1/1/2013	58.167 %
12/1/2012	60.7 %
11/1/2012	60.1 %
10/1/2012	60.9 %
9/1/2012	59.2 %
8/1/2012	60.3 %
7/1/2012	59.7 %
6/1/2012	59.8 %
5/1/2012	59.8 %
4/1/2012	60.2 %
3/1/2012	59.5 %
2/1/2012	59.3 %
1/1/2012	59.7 %
12/1/2011	60.276 %
11/1/2011	60.068 %
10/1/2011	58.89 %
9/1/2011	60.37 %
8/1/2011	60.186 %
7/1/2011	60.17 %
6/1/2011	61.092 %
5/1/2011	59.936 %
4/1/2011	60.13 %
3/1/2011	59.541 %
2/1/2011	60.704 %
1/1/2011	59.418 %
12/1/2010	60.062 %
11/1/2010	60.404 %
10/1/2010	58.33 %
9/1/2010	59.377 %
8/1/2010	59.89 %
7/1/2010	58.669 %
6/1/2010	58.589 %
5/1/2010	57.209 %
4/1/2010	58.265 %
3/1/2010	60.05 %
2/1/2010	58.234 %
1/1/2010	58.602 %
12/1/2009	59.913 %
11/1/2009	59.251 %
10/1/2009	58.734 %
9/1/2009	59.11 %
8/1/2009	59.269 %
7/1/2009	58.084 %
6/1/2009	57.465 %
5/1/2009	57.959 %
4/1/2009	57.245 %
3/1/2009	57.178 %
2/1/2009	58.552 %
1/1/2009	58.881 %
12/1/2008	59.359 %
11/1/2008	59.897 %
10/1/2008	58.174 %
9/1/2008	57.018 %
8/1/2008	57.36 %
7/1/2008	57.251 %
6/1/2008	57.145 %
5/1/2008	57.991 %
4/1/2008	57.968 %
3/1/2008	56.908 %
2/1/2008	56.376 %
1/1/2008	56.746 %
12/1/2007	58.468 %
11/1/2007	57.361 %
10/1/2007	56.998 %
9/1/2007	56.526 %
8/1/2007	57.19 %
7/1/2007	55.874 %
6/1/2007	56.001 %
5/1/2007	56.8 %
4/1/2007	56.401 %
3/1/2007	56.712 %
2/1/2007	56.034 %
1/1/2007	55.952 %
12/1/2006	55.985 %
11/1/2006	55.412 %
10/1/2006	54.698 %
9/1/2006	54.418 %
8/1/2006	54.658 %
7/1/2006	53.862 %
6/1/2006	53.277 %
5/1/2006	54.457 %
4/1/2006	53.666 %
3/1/2006	53.032 %
2/1/2006	52.619 %
1/1/2006	53.577 %

...

Similar Macro Indicators to Employment Rate

Name	Current	Previous	Frequency
🇺🇾 Labor force participation rate	64.7 %	64.5 %	Monthly
🇺🇾 Population	3.44 M	3.55 M	Annually
🇺🇾 Unemployment Rate	8.5 %	9 %	Monthly
🇺🇾 Wages in Manufacturing	467.95 points	467.81 points	Monthly

In Uruguay, the employment rate represents the proportion of the working-age population that is currently employed.

What is Employment Rate?

Employment Rate: A Comprehensive Exploration The employment rate is a crucial macroeconomic indicator that reflects the proportion of the working-age population that is currently employed. As a pivotal measure, it offers deep insights into the economic health and labor market dynamics of a country. At Eulerpool, we strive to provide comprehensive and precise macroeconomic data, and understanding the employment rate is fundamental for businesses, policymakers, and economists alike. Understanding the Employment Rate In essence, the employment rate is calculated by dividing the number of employed individuals by the total working-age population and multiplying the result by 100 to express it as a percentage. This metric is vital for gauging the ability of an economy to generate jobs and absorb its labor force, thereby impacting economic growth, wage levels, and overall economic stability. Economic Implications of the Employment Rate Changes in the employment rate can have profound implications across various sectors of the economy. A rising employment rate usually signifies robust economic activity, increasing consumer spending, and improving business confidence. Conversely, a declining employment rate may indicate economic stagnation or recession, leading to reduced consumer spending, lower business profits, and potentially higher government expenditure on social welfare programs. Labor Market Dynamics The employment rate is a reflection of the underlying labor market dynamics. A high employment rate generally indicates a tight labor market, where the demand for labor meets or exceeds supply. This scenario can lead to upward pressure on wages, as employers compete to attract and retain workers. On the other hand, a low employment rate suggests a slack labor market, characterized by an excess supply of labor relative to demand. This condition often results in stagnant or declining wages, as job seekers outnumber available positions. Influences on Employment Rate Several factors influence the employment rate. Economic growth is a primary driver, as periods of robust economic expansion typically lead to job creation and higher employment. Demographic factors, such as the age composition of the population, migration trends, and labor force participation rates, also play significant roles. Additionally, government policies, including labor market regulations, tax policies, and social welfare programs, can have substantial impacts on employment rates. Sectoral Employment Trends Analyzing employment rates by sector provides valuable insights into the structural changes within an economy. Sectors such as technology, healthcare, and education often exhibit higher employment growth rates, reflecting shifts towards a knowledge-based economy. Conversely, traditional manufacturing and agricultural sectors may experience relative declines in employment due to automation and technological advancements. Understanding these sectoral trends is critical for formulating targeted economic policies and workforce development strategies. Unemployment Rate vs. Employment Rate It is essential to distinguish between the employment rate and the unemployment rate, another commonly referenced labor market indicator. While the employment rate measures the proportion of the working-age population that is employed, the unemployment rate assesses the percentage of the labor force that is actively seeking employment but is currently unemployed. Both metrics provide complementary perspectives on the labor market's health, with the employment rate offering a broader view of overall job market conditions. Policy Implications The employment rate is a key consideration for policymakers. High employment rates are often associated with economic prosperity and social stability. Consequently, governments aim to implement policies that promote job creation, enhance labor market flexibility, and support workforce development. Measures such as tax incentives for businesses, investment in education and training programs, and infrastructure development are commonly employed to stimulate employment growth. Impacts of Technological Change Technological advancements present both opportunities and challenges for employment rates. Automation and artificial intelligence can lead to job displacement in certain sectors while creating new opportunities in others. Policymakers and businesses must anticipate and manage these transitions to ensure that workers can adapt to changing labor market demands. Investment in continuous education and skill development is vital to maintaining high employment rates in an increasingly technology-driven economy. Global Comparisons Comparing employment rates across countries can provide valuable insights into different economic structures and policy approaches. Countries with high employment rates often have well-developed education systems, robust social safety nets, and dynamic business environments. These factors contribute to a more resilient labor market capable of adapting to economic shocks and structural changes. Conversely, countries struggling with low employment rates may face challenges such as inadequate education systems, rigid labor market regulations, or economic instability. Long-term Trends Long-term trends in employment rates can reveal significant shifts in an economy's structural composition and labor market dynamics. Analyzing historical data helps identify patterns and cyclicality in employment rates, providing insights into how economies respond to various economic shocks and policy interventions. For instance, the shift from manufacturing-based economies to service-oriented ones has had profound implications for employment rates and job quality. Conclusion The employment rate is a fundamental indicator of economic health and labor market conditions. At Eulerpool, we recognize the importance of accurate and comprehensive macroeconomic data in informing business decisions, policy formulation, and economic analysis. Understanding the employment rate's intricacies, influences, and implications is essential for stakeholders across the economic spectrum. As technological advancements, demographic shifts, and policy changes continue to shape labor markets globally, staying informed about employment rate trends will be crucial for navigating the complexities of the modern economy. By providing detailed and reliable macroeconomic data, Eulerpool aims to empower users with the knowledge needed to drive informed decisions and foster economic growth.

Country

Uruguay

Continent

America

Highest Value

61.11

Lowest Value

52.1

Average Value

57.82

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