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Cabo Verde - Unemployment rate

9.0 (%) in 2017

In 2017, unemployment rate for Cabo Verde was 9 %. Though Cabo Verde unemployment rate fluctuated substantially in recent years, it tended to decrease through 1998 - 2017 period ending at 9 % in 2017.

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What is unemployment rate?

Unemployment rate can be defined by either the national definition, the ILO harmonized definition, or the OECD harmonized definition. The OECD harmonized unemployment rate gives the number of unemployed persons as a percentage of the labor force (the total number of people employed plus unemployed). [OECD Main Economic Indicators, OECD, monthly] As defined by the International Labour Organization, "unemployed workers" are those who are currently not working but are willing and able to work for pay, currently available to work, and have actively searched for work. [ILO, http://www.ilo.org/public/english/bureau/stat/res/index.htm]

What is Cabo Verde unemployment rate?

Date Value Change, %
2017 9.0 0.00 %
2016 9.0 -10.00 %
2015 10.0 -16.67 %
2014 12.0 -26.83 %
2013 16.4 -2.38 %
2012 16.8 37.70 %
2011 12.2 14.02 %
2010 10.7 -17.69 %
2009 13.0 0.00 %
2008 13.0 -14.47 %
2007 15.2 13.43 %
2006 13.4