Paraguay Unemployment Rate - Forecast

Unemployment Rate in Paraguay is expected to be 7.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Paraguay to stand at 8.40 in 12 months time. In the long-term, the Paraguay Unemployment Rate is projected to trend around 7.40 percent in 2020, according to our econometric models.


Paraguay Unemployment Rate
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Paraguay Labour Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 7.6 7.8 7 8.3 8.4 7.4
Minimum Wages 2041 2110 2110 2110 2041 2250
Population 6.85 6.93 6.92 6.94 6.96 7.13
Unemployed Persons 93052 95812 95300 101517 105372 98377
Wages High Skilled 5018400 5038400 5038400 5038400 4688145 5068400
Wages In Manufacturing 270 278 278 290 283 300
Wages Low Skilled 2672000 2752000 2752000 2752000 2511096 2800000
Living Wage Family 2338000 2338000 2338000 2438000 2338000 2438000
Living Wage Individual 1445700 1445700 1445700 1445700 1445700 1445700
Employed Persons 1126552 1134081 1133442 1133935 1133648 1133739