El Salvador Youth Unemployment Rate  Forecast


Youth Unemployment Rate in El Salvador is expected to be 11.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the El Salvador Youth Unemployment Rate is projected to trend around 12.39 percent in 2020, according to our econometric models.


El Salvador Youth Unemployment Rate
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El Salvador Labour Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Unemployment Rate 7 7.3 7.3 7.4 7.4 7
Unemployed Persons 204636 181777 181502 178751 175999 185126
Labor Force Participation Rate 62.2 61.33 61.3 61.13 60.96 60.33
Population 6.13 6.14 6.14 6.15 6.15 6.22
Wages High Skilled 700 700 700 700 700 700
Wages Low Skilled 260 260 260 260 260 260
Youth Unemployment Rate 14.2 11.7 11.06 11.07 11.07 12.39
Living Wage Family 441 442 441 441 441 441
Living Wage Individual 273 273 273 273 273 273
Employed Persons 272702 225511 233462 227728 221994 163023
Employment Rate 44.95 45.19 45.4 45.45 45.49 45.7