Employment Rate in Ecuador increased to 40 percent in the third quarter of 2021 from 38.30 percent in the second quarter of 2021. source: Instituto Nacional de Estadistica y Censos (INEC)

Employment Rate in Ecuador averaged 49.51 percent from 2007 until 2021, reaching an all time high of 57.94 percent in the second quarter of 2014 and a record low of 20.20 percent in the second quarter of 2020. This page provides - Ecuador Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Ecuador Employment Rate - values, historical data and charts - was last updated on November of 2021.

Employment Rate in Ecuador is expected to be 40.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ecuador Employment Rate is projected to trend around 41.50 percent in 2022 and 43.00 percent in 2023, according to our econometric models.

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Ecuador Employment Rate

Related Last Previous Unit Reference
Population 17.56 17.27 Million Dec/20
Employment Rate 40.00 38.30 percent Sep/21
Ecuador Employment Rate
In Ecuador, the employment rate measures the number of people who have a job as a percentage of the labour force.