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 93.00 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 92.40 in 12 months time. In the long-term, the Venezuela Employment Rate is projected to trend around 90.00 percent in 2020, 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 Employment Rate
In Venezuela, the employment rate measures the number of people who have a job as a percentage of the labour force.

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 [+]