Venezuela Unemployed Persons - Forecast

Unemployed Persons in Venezuela is expected to be 5000000.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployed Persons in Venezuela to stand at 8500000.00 in 12 months time. In the long-term, the Venezuela Unemployed Persons is projected to trend around 9500000.00 in 2020, according to our econometric models.


Forecast Data Chart
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Venezuela Labour Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Unemployment Rate 7.3 35 37 37 40 44
Employed Persons 13089081 1200000 1000000 1000000 1000000 750000
Unemployed Persons 1035238 6500000 8000000 8500000 9000000 9500000
Minimum Wages 180000000 180000000 190000000 190000000 190000000 190000000
Population 31.43 31.74 31.95 31.95 31.95 32
Employment Rate 92.67 80 75 70 70 60