El Salvador Labor Force Participation Rate - Forecast

Labor Force Participation Rate in El Salvador is expected to be 61.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the El Salvador Labor Force Participation Rate is projected to trend around 60.50 percent in 2020, according to our econometric models.


El Salvador Labor Force Participation Rate
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El Salvador Labour Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 7 7.4 7.4 6.6 6.5 7
Unemployed Persons 204636 182328 182053 181777 181502 186517
Labor Force Participation Rate 62.2 61.4 61.36 61.33 61.3 60.5
Population 6.15 6.13 6.13 6.14 6.14 6.14
Wages High Skilled 752 791 813 834 856 763
Wages Low Skilled 328 287 275 262 250 302
Youth Unemployment Rate 14.2 12.98 12.34 11.7 11.06 12.13
Living Wage Family 485 485 485 485 485 485
Living Wage Individual 255 255 255 255 255 255
Employed Persons 272702 209608 217559 225511 233462 165093
Employment Rate 44.95 44.73 44.78 44.83 44.88 42.52