FX.co ★ Uruguay Jobless Rate Edges Lower in September

In September 2025, Uruguay experienced a slight decrease in its unemployment rate, dropping to 6.9% from 7.0% in August. Within Montevideo, the unemployment rate was marginally higher at 7.1%, compared to 6.8% in other regions of the country. Gender disparities were evident, with unemployment affecting 8.2% of women, while only 5.8% of men were unemployed. Youth unemployment, affecting individuals aged 14–24, remained significantly high at 23.6%. In contrast, the lowest unemployment rate was among those aged 55–64, at 2.5%. Of those employed, 9.9% were underemployed, and 21.4% were not enrolled in social security for their primary job. Nationally, the activity rate stood at 64.3%, with the employment rate at 59.9%.