Venezuela Employment Rate

Employment Rate in Venezuela decreased to 92.67 percent in April from 92.92 percent in March of 2016. Employment Rate in Venezuela averaged 89.37 percent from 1999 until 2016, 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.

Employment Rate in Venezuela is expected to be 75.00 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 65.00 in 12 months time. In the long-term, the Venezuela Employment Rate is projected to trend around 60.00 percent in 2020, according to our econometric models.

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Venezuela Labour	Last	Previous	Highest	Lowest	Unit
Unemployment Rate	7.30	7.10	20.70	5.50	percent	[+]
Employed Persons	13089081.00	13127644.00	13607057.00	8505814.00		[+]
Unemployed Persons	1035238.00	1000943.00	2406251.00	760063.00		[+]
Minimum Wages	4000000000.00	1800000000.00	4000000000.00	4.00	VEF/Month	[+]
Population	31.83	31.43	31.83	7.58	Million	[+]
Employment Rate	92.67	92.92	94.47	79.30	percent	[+]

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 June of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	92.67	92.92	94.47	79.30	1999 - 2016	percent	Monthly	NSA

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Country	Last		Previous	Range
Mexico	96.50	Apr/19	96.75	97.23 : 93.58	%
Switzerland	80.60	Dec/18	80.5	81.3 : 76.9	%
Netherlands	77.90	Dec/18	77.7	77.9 : 63.5	%
Germany	76.50	Dec/18	76.3	76.5 : 63.6	%
United Kingdom	76.10	Mar/19	76.1	76.1 : 65.6	%
France	66.10	Mar/19	66.1	66.1 : 63.5	%
Spain	63.58	Mar/19	64	67.18 : 54.91	%
Australia	62.40	Apr/19	62.4	62.9 : 54	%
Canada	62.20	May/19	62.1	63.7 : 56	%
South Korea	61.50	May/19	60.8	61.6 : 56.1	%
United States	60.60	May/19	60.6	64.7 : 55	%
Japan	60.50	Apr/19	60.3	63.5 : 55.9	%
Russia	59.00	Apr/19	59.1	66.6 : 58.8	%
Italy	58.80	Apr/19	58.9	58.9 : 55.3	%
Brazil	54.20	Apr/19	53.9	57.3 : 53.1	%
Turkey	46.00	Mar/19	45.9	47.9 : 38.9	%
South Africa	42.56	Mar/19	43.34	46.17 : 41	%
Argentina	42.30	Mar/19	42.2	43.4 : 36.3	%