The number of unemployed persons in Venezuela increased to 1035238 in April of 2016 from 1000943 in March of 2016. Unemployed Persons in Venezuela averaged 1289048.40 from 1999 until 2016, reaching an all time high of 2406251.00 in February of 2003 and a record low of 760063.00 in November of 2008.
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.