El Salvador Labor Force Participation Rate - Forecast

Labor Force Participation Rate in El Salvador is expected to be 61.95 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 61.87 percent in 2020, according to our econometric models.


El Salvador Labor Force Participation Rate
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El Salvador Labour Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 7 6.72 6.8 6.82 6.85 7
Unemployed Persons 208694 193914 193676 190174 186672 181924
Labor Force Participation Rate 61.9 61.95 61.87 61.87 61.87 61.87
Population 6.38 6.4 6.4 6.44 6.44 6.47
Wages High Skilled 752 790 790 790 807 830
Wages Low Skilled 328 345 345 345 281 370
Youth Unemployment Rate 14.2 11.7 11.06 11.07 11.07 12.13
Living Wage Family 485 485 485 515 485 515
Living Wage Individual 255 255 255 255 255 255
Employed Persons 275209 271870 269442 270659 271877 273674
Employment Rate 44.98 44.47 44.29 44.18 44.06 42.97