Market Intelligence Reports

Latin America Market Report Q2 2023

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Talent Solutions - Latin America QMR Q2 2023 | 58 Uruguay Latest Available Data Q2 2023 Total Labor Force (000s) 1,822 Employed Workers (000s) 1,662 Unemployed Workers (000s) 160 Unemployment Rate 8.8% ▪ 17% of the Labor force is 55 years+. ▪ When compared with Q1 2019, there has been significant growth in the number of Labor force participants in the 25-35 year old age group. Over the same time, the number of participants in the 65+ age group, has fallen by 11%. Workforce Statistics Age Profile of Labor Force Labor Force Participation Rates by Age and Sex Number of Participants in Labor Force By Age (000s) Distribution of Status in Employment Duration of Unemployment – 25 years+ ▪ 70% of the Unemployed Population has been unemployed for less than 3 months. ILOSTAT

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