Employment Rate in Ecuador decreased to 47 percent in the first quarter of 2019 from 49.30 percent in the fourth quarter of 2018. Employment Rate in Ecuador averaged 51.39 percent from 2007 until 2019, reaching an all time high of 57.94 percent in the second quarter of 2014 and a record low of 46.54 percent in the first quarter of 2010.
Employment Rate in Ecuador is expected to be 48.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Rate in Ecuador to stand at 49.00 in 12 months time. In the long-term, the Ecuador Employment Rate is projected to trend around 52.00 percent in 2020, according to our econometric models.