Employment Rate in Ecuador increased to 41.70 percent in the first quarter of 2021 from 37.40 percent in the fourth quarter of 2020. source: Instituto Nacional de Estadistica y Censos (INEC)

Employment Rate in Ecuador averaged 49.96 percent from 2007 until 2021, reaching an all time high of 57.94 percent in the second quarter of 2014 and a record low of 20.20 percent in the second quarter of 2020. This page provides - Ecuador Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Ecuador Employment Rate - values, historical data and charts - was last updated on July of 2021.

Employment Rate in Ecuador is expected to be 46.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ecuador Employment Rate is projected to trend around 47.40 percent in 2022 and 48.50 percent in 2023, according to our econometric models.

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Ecuador Employment Rate

Actual Previous Highest Lowest Dates Unit Frequency
41.70 37.40 57.94 20.20 2007 - 2021 percent Quarterly
NSA

Ecuador Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.30 6.10 16.80 4.54 percent [+]
Wages 466.63 459.61 466.63 198.26 USD/Month [+]
Population 17.56 17.27 17.56 4.44 Million [+]
Wages In Manufacturing 450.00 458.00 461.00 220.00 USD/Month [+]
Labor Force Participation Rate 61.80 61.40 70.30 60.10 percent [+]
Minimum Wages 400.00 394.00 400.00 85.70 USD/Month [+]
Employment Rate 41.70 37.40 57.94 20.20 percent [+]


Ecuador Employment Rate
In Ecuador, the employment rate measures the number of people who have a job as a percentage of the labour force.