jam Informal employment rate 2023: Interactive Chart & Historical Data

Current rate: 44.24 % (2023-01-01)

Informal employment rate (measured in %) is a critical labor market indicator for jam, reflecting the balance between job seekers and available positions. Employment data shapes monetary policy decisions, consumer confidence, and government workforce programs. A healthy labor market supports income growth, social stability, and long-term economic development. In jam, Informal employment rate is monitored by central banks to assess wage pressure and inflationary risks, while businesses use it to plan hiring and expansion. Changes in employment levels can signal broader economic shifts, from technological disruption to demographic transitions and global trade realignments. The most recent data point shows 44.24 % as of 2023-01-01. This dataset spans 2016–2023, covering 8 annual observations. Data is sourced from ILO ILOSTAT and updated regularly on EconDash. Use EconDash's interactive chart to analyze employment patterns, filter by time range, and compare jam with peer countries.