El Salvador Labor Force Participation Rate  Forecast


Labor Force Participation Rate in El Salvador is expected to be 61.30 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 60.33 percent in 2020, according to our econometric models.


El Salvador Labor Force Participation Rate
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El Salvador Labour Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Unemployment Rate 7 7.3 7.4 7.4 6.65 7
Unemployed Persons 204636 181502 178751 175999 173247 185126
Labor Force Participation Rate 62.2 61.3 61.13 60.96 60.79 60.33
Population 6.13 6.12 6.12 6.12 6.12 6.11
Wages High Skilled 700 700 700 700 700 700
Wages Low Skilled 260 262 262 262 262 262
Youth Unemployment Rate 14.2 11.06 11.07 11.07 11.07 12.39
Living Wage Family 441 441 441 441 441 441
Living Wage Individual 273 278 278 278 279 279
Employed Persons 272702 233462 227728 221994 216259 163023
Employment Rate 44.95 44.88 44.68 44.48 44.27 43.28