Unemployment rate young vs older adults in CARICOM
CARICOM: Unemployment rate young vs older adults was 28.86 in 2024. ▲ Rising
Latest (2024)
28.86
Change on year
up 1.0%
Rank
1st
of 6 groups
All-time high
33.69
in 2020
All-time low
19.63
in 1999
Years of data
34
1991–2024
Unemployment rate young vs older adults in CARICOM, 1991–2024
Source: Our World in Data.
Analysis
The most recent figure for unemployment rate young vs older adults in CARICOM is 28.86, measured in 2024.
That represents a change of up 1.0% on the previous year and down 2.2% over ten years.
Over the whole period, unemployment rate young vs older adults in CARICOM peaked at 33.69 in 2020 and was at its lowest, 19.63, in 1999.
The long-run direction has been consistently rising across the 34 years of available data.
Unemployment rate young vs older adults in CARICOM, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 20.2 | — |
| 1992 | 20.63 | +2.1% |
| 1993 | 20.46 | -0.8% |
| 1994 | 20.66 | +1.0% |
| 1995 | 20.16 | -2.4% |
| 1996 | 19.82 | -1.7% |
| 1997 | 19.63 | -1.0% |
| 1998 | 19.65 | +0.1% |
| 1999 | 19.63 | -0.1% |
| 2000 | 20.81 | +6.0% |
| 2001 | 22.07 | +6.0% |
| 2002 | 23.76 | +7.7% |
| 2003 | 25.45 | +7.1% |
| 2004 | 26.43 | +3.9% |
| 2005 | 27.78 | +5.1% |
| 2006 | 28.91 | +4.1% |
| 2007 | 30.21 | +4.5% |
| 2008 | 29.54 | -2.2% |
| 2009 | 29.74 | +0.7% |
| 2010 | 29.88 | +0.5% |
| 2011 | 29.11 | -2.6% |
| 2012 | 29.23 | +0.4% |
| 2013 | 29.54 | +1.1% |
| 2014 | 29.49 | -0.2% |
| 2015 | 29.23 | -0.9% |
| 2016 | 29.89 | +2.3% |
| 2017 | 29.51 | -1.3% |
| 2018 | 29.39 | -0.4% |
| 2019 | 29.12 | -0.9% |
| 2020 | 33.69 | +15.7% |
| 2021 | 31.91 | -5.3% |
| 2022 | 29.39 | -7.9% |
| 2023 | 28.56 | -2.8% |
| 2024 | 28.86 | +1.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 20.09 | 19.63 | 20.66 | 9 |
| 2000s | 26.47 | 20.81 | 30.21 | 10 |
| 2010s | 29.44 | 29.11 | 29.89 | 10 |
| 2020s | 30.48 | 28.56 | 33.69 | 5 |
Countries ranked near CARICOM
More work & labour data for CARICOM
- 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) 5,208 (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate 1.1 % change on previous year (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) 1.41 % change on previous year (2027)
- Labour force participation rate (previous ILO definition - ICLS13) 63.66 (2027)
- NEET: Youth not in employment, education or training 736.57 (2027)
- NEET rate: Share of youth not in employment, education or training 21.82 (2027)
- Female labor force by age 156,348 (2024)
- Labor force participation rate by age 36.59 (2024)
Frequently asked questions
- What is unemployment rate young vs older adults in CARICOM?
- Unemployment rate young vs older adults in CARICOM was 28.86 in 2024, according to Our World in Data.
- What is the highest unemployment rate young vs older adults recorded in CARICOM?
- The highest recorded value was 33.69 in 2020.
- What is the lowest unemployment rate young vs older adults recorded in CARICOM?
- The lowest recorded value was 19.63 in 1999.
- How does CARICOM rank for unemployment rate young vs older adults?
- CARICOM ranks 1st out of 6 groups with data for 2024.
- Is unemployment rate young vs older adults rising or falling in CARICOM?
- Over the last ten years it is down 2.2%. The long-run trend across the full record is rising.
- Where does this CARICOM data come from?
- The figures come from Our World in Data, published as part of Unemployment rate young vs older adults. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 34 observations, free to reuse under CC BY 4.0 (Our World in Data).