Jobs gap rate in CARICOM
CARICOM: Jobs gap rate was 24.9 in 2027. ▼ Falling
Jobs gap rate in CARICOM, 2004–2027
Source: International Labour Organization.
Analysis
CARICOM recorded 24.9 for jobs gap rate in 2027.
The figure is up 1.2% over ten years.
Over the whole period, jobs gap rate in CARICOM peaked at 27.6 in 2007 and was at its lowest, 24.1, in 2023.
CARICOM ranks 5th of 87 groups on this measure, in the top 10%.
The long-run direction has been consistently falling across the 24 years of available data.
Jobs gap rate in CARICOM, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 24.4 | — |
| 2005 | 25.5 | +4.5% |
| 2006 | 26.6 | +4.3% |
| 2007 | 27.6 | +3.8% |
| 2008 | 26.9 | -2.5% |
| 2009 | 26.5 | -1.5% |
| 2010 | 26.4 | -0.4% |
| 2011 | 25.6 | -3.0% |
| 2012 | 25.2 | -1.6% |
| 2013 | 24.9 | -1.2% |
| 2014 | 24.8 | -0.4% |
| 2015 | 24.6 | -0.8% |
| 2016 | 24.9 | +1.2% |
| 2017 | 24.6 | -1.2% |
| 2018 | 24.4 | -0.8% |
| 2019 | 24.3 | -0.4% |
| 2020 | 27.1 | +11.5% |
| 2021 | 26.4 | -2.6% |
| 2022 | 24.6 | -6.8% |
| 2023 | 24.1 | -2.0% |
| 2024 | 24.4 | +1.2% |
| 2025 | 24.7 | +1.2% |
| 2026 | 24.9 | +0.8% |
| 2027 | 24.9 | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 26.25 | 24.4 | 27.6 | 6 |
| 2010s | 24.97 | 24.3 | 26.4 | 10 |
| 2020s | 25.14 | 24.1 | 27.1 | 8 |
Countries ranked near CARICOM
More work & labour data for CARICOM
- Persons outside the labour force (ILO modelled estimates) 5,208 (2027)
- Labour force (ILO modelled estimates) 9,122 (2027)
- Labour force participation rate (ILO modelled estimates) 63.66 (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) 1.41 % change on previous year (2027)
- Output per worker, GDP constant 2015 US $ 16,073 (2027)
- Employment-to-population ratio (ILO modelled estimates) 56.49 (2027)
- Output per worker, GDP constant 2021 international $ at PPP 31,291 (2027)
- Labour dependency ratio 1.4 (2027)
- Unemployment rate (ILO modelled estimates) 11.26 (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate 1.1 % change on previous year (2027)
Frequently asked questions
- What is jobs gap rate in CARICOM?
- Jobs gap rate in CARICOM was 24.9 in 2027, according to International Labour Organization.
- What is the highest jobs gap rate recorded in CARICOM?
- The highest recorded value was 27.6 in 2007.
- What is the lowest jobs gap rate recorded in CARICOM?
- The lowest recorded value was 24.1 in 2023.
- How does CARICOM rank for jobs gap rate?
- CARICOM ranks 5th out of 87 groups with data for 2027.
- Is jobs gap rate rising or falling in CARICOM?
- Over the last ten years it is up 1.2%. The long-run trend across the full record is falling.
- Where does this CARICOM data come from?
- The figures come from International Labour Organization, published as part of Jobs gap rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under ILO Terms of Use (attribution required).
About this data
With the aim of promoting international comparability, statistics presented on ILOSTAT are based on standard international definitions wherever feasible and may differ from official national figures. This series is based on the 13th ICLS definitions. For time series comparability, it includes countries that have implemented the 19th ICLS standards, for which data are also available in the Work Statistics -- 19th ICLS (WORK) database. The jobs gap rate is defined as the sum of the unemployed, the potential labour force and willing non-jobseekers divided by the sum of the extended labour force and willing non-jobseekers. For more information, refer to the Labour Force Statistics (LFS and STLFS) database description.