), (1=extremely inefficient to 7=extremely efficient), (0=less disclosure to 10=more disclosure). In Cuba, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. of ages 15+, (%). Then you can access your favorite statistics via the star in the header. Are you interested in testing our corporate solutions? Non-residential - Commercial & Retail - Vacancy, Nominal Fixed Investment (gross fixed capital formation), Real Fixed Investment (gross fixed capital formation), http://www.ilo.org/ilostat-files/Documents/LFEP2017.pdf, Per 100 thousand population = (# per 100 Ths. Direct access to our calendar releases and historical data. The statistic shows the youth unemployment rate in Cuba from 1999 and 2020. Please do not hesitate to contact me. Economic Data, Research, Advisory, Forecasting Data in this graph are copyrighted. By May 2020, the unemployment rate may have been as high as 16%. NOTE: All 2020 and later data are UN projections and DO NOT include any impacts of the … Releases from World Bank, More By September 2020, the unemployment rate decreased to 7.9% . These methods include using averages and growth rates to calculate the range of average, and least squares growth rates. The WDI contains over 900 indicators per country and covers topics including BOP, business, demographics, external debt, education, tourism, tax, etc. Federal Reserve Bank of St. Louis, The content of the website is not personally directed to you, and we does not take into account your financial situation or needs.The information contained in this website is not necessarily provided in real-time nor is it necessarily accurate. The World Bank Development Indicators is the premium annual statistics of the World Bank which compiles data on development. Chart. Annual, Youth unemployment refers to the share of the labor force ages 15-24 without work but available for and seeking employment (modeled ILO estimate).Source Indicator: SL.UEM.1524.ZS. On the other hand, if such growth were to remain at the average level of the last decade, that is, 1.8%, these results would be achieved by the year2025. note: data are official rates; unofficial estimates are about double country comparison to the world (CIA rank, may be based on non-current data): 27 [see also: Unemployment rate country ranks] Population below poverty line: NA This page in: ... Data retrieved in June 21, 2020. Unemployment, total (% of total labor force) (modeled ILO estimate) from The World Bank: Data. This website includes information about cryptocurrencies, contracts for difference (CFDs) and other financial instruments, and about brokers, exchanges and other entities trading in such instruments. Please note many developing countries have missing data. Series are annual from as early as 1960. This Section / Page contains links to the 3rd party websites of our top partners from whom we may receive compensation. A joint report by the International Labor Organization, ILO, and the UN Economic Commission for Latin America and the Caribbean, ECLAC, indicates that in 2020 the unemployment rate grew rapidly and its recovery will be quite slow. Likewise, there are those with little training who must perform tasks not compatible with telecommuting, who have had no other options other than facing the risks of the pandemic, or losing their source of income. Revisions can be extensive and cover the entire history. In the long-term, the Cuba Unemployment Rate is projected to trend around 3.50 percent in 2021 and 3.00 percent in 2022, according to our econometric models. This helps to maintain conditions when researching developing countries. The document points out that the COVID-19 is generating great scars in the working file of many people. the company visit moodysanalytics.com. Income and regional totals are also estimated by identifying country classifications for socio-economic variables. 1991-2019 Data | 2020-2022 Forecast | Historical | Chart. https://fred.stlouisfed.org/series/SLUEM1524ZSCUB, Categories > International Data > Indicators > Population, Employment, & Labor Markets > Unemployment Rate. Data. $39 per month* © 2020 Moody’s Analytics, Inc. and/or its affiliates and licensors. This page provides forecast and historical data, charts, statistics, news and updates for Cuba Unemployment Rate. This feature is limited to our corporate solutions. Brazil's unemployment rate rose to 13.8%, official figures showed on Wednesday, the highest in at least eight years as the coronavirus pandemic kept the … Graph and download economic data for Youth Unemployment Rate for Cuba (SLUEM1524ZSCUB) from 1991 to 2020 about Cuba, 15 to 24 years, unemployment, and rate.