Employment Rate in Venezuela increased to 93.65 percent in December from 92.66 percent in November of 2018. source: National Institute of Statistics, Venezuela

Employment Rate in Venezuela averaged 89.85 percent from 1999 until 2018, reaching an all time high of 94.47 percent in December of 2014 and a record low of 79.30 percent in February of 2003. This page provides - Venezuela Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Venezuela Employment Rate - values, historical data and charts - was last updated on December of 2020.

Employment Rate in Venezuela is expected to be 92.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Rate in Venezuela to stand at 91.70 in 12 months time. In the long-term, the Venezuela Employment Rate is projected to trend around 91.00 percent in 2021 and 90.00 percent in 2022, according to our econometric models.

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Venezuela Employment Rate

Actual Previous Highest Lowest Dates Unit Frequency
93.65 92.66 94.47 79.30 1999 - 2018 percent Monthly
NSA

Venezuela Labour Last Previous Highest Lowest Unit
Unemployment Rate 6.40 7.30 20.70 5.50 percent [+]
Employed Persons 15011108.00 14715518.00 15011108.00 8505814.00 [+]
Unemployed Persons 1018421.00 1166087.00 2406251.00 760063.00 [+]
Minimum Wages 400000.00 250000.00 5196000.00 4.00 VEF/Month [+]
Population 32.22 31.83 32.22 7.58 Million [+]
Employment Rate 93.65 92.66 94.47 79.30 percent [+]


Venezuela Employment Rate
In Venezuela, the employment rate measures the number of people who have a job as a percentage of the labour force.