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

Employment Rate in Venezuela is expected to be 65.00 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 59.00 in 12 months time. In the long-term, the Venezuela Employment Rate is projected to trend around 57.00 percent in 2020, according to our econometric models.

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Venezuela Employment Rate
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 150000.00 40000.00 5196000.00 4.00 VEF/Month [+]
Population 31.83 31.43 31.83 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. This page provides - Venezuela Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Venezuela Employment Rate - actual data, historical chart and calendar of releases - was last updated on December of 2019.

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




Country Last Previous
Mexico 96.35 Oct/19 96.2
Switzerland 80.60 Jun/19 79.9
Netherlands 78.10 Jun/19 77.7
Germany 76.50 Jun/19 76.3
United Kingdom 76.00 Aug/19 75.9
France 65.20 Sep/19 65.5
Spain 64.54 Sep/19 64.49
Australia 62.50 Oct/19 62.6
Canada 61.70 Nov/19 62
South Korea 61.70 Nov/19 61.7
Japan 61.20 Oct/19 61
United States 61.00 Nov/19 61
Russia 59.50 Oct/19 59.6
Italy 59.20 Oct/19 59.2
Brazil 54.90 Oct/19 54.8
India 46.80 Dec/18 47.8
Turkey 45.60 Sep/19 45.6
Argentina 42.60 Jun/19 42.3
South Africa 42.40 Sep/19 42.44


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