Employment Rate in Bolivia increased to 70.60 percent in the first quarter of 2020 from 70.40 percent in the fourth quarter of 2019.

Employment Rate in Bolivia averaged 64.78 percent from 1999 until 2020, reaching an all time high of 71.10 percent in the third quarter of 2019 and a record low of 59.40 percent in the fourth quarter of 2000. This page provides - Bolivia Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Bolivia Employment Rate - values, historical data and charts - was last updated on September of 2020.

Employment Rate in Bolivia is expected to be 69.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Rate in Bolivia to stand at 68.90 in 12 months time. In the long-term, the Bolivia Employment Rate is projected to trend around 69.90 percent in 2021 and 70.10 percent in 2022, according to our econometric models.

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Bolivia Employment Rate

Actual Previous Highest Lowest Dates Unit Frequency
70.60 70.40 71.10 59.40 1999 - 2020 percent Quarterly
NSA

Bolivia Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.60 3.00 6.00 2.10 percent [+]
Minimum Wages 2122.00 2060.00 2122.00 400.00 BOB/Month [+]
Population 11.47 11.31 11.47 3.35 Million [+]
Unemployed Persons 255576.00 214770.00 255592.00 116111.00 Number of persons [+]
Labor Force Participation Rate 73.70 73.10 73.70 61.10 percent [+]
Employed Persons 5744465.00 5773042.00 5773042.00 3637048.00 Number of persons [+]
Employment Rate 70.60 70.40 71.10 59.40 percent [+]


Bolivia Employment Rate
In Bolivia, the employment rate measures the number of people who have a job as a percentage of the working age population.