Employment Rate in Dominican Republic decreased to 54.90 percent in the second quarter of 2020 from 59.80 percent in the first quarter of 2020. source: Central Bank of Dominican Republic

Employment Rate in Dominican Republic averaged 52.24 percent from 2000 until 2020, reaching an all time high of 61.50 percent in the fourth quarter of 2019 and a record low of 45 percent in the second quarter of 2003. This page provides - Dominican Republic Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Dominican Republic Employment Rate - values, historical data and charts - was last updated on December of 2020.

Employment Rate in Dominican Republic is expected to be 56.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Rate in Dominican Republic to stand at 58.50 in 12 months time. In the long-term, the Dominican Republic Employment Rate is projected to trend around 59.00 percent in 2021 and 60.00 percent in 2022, according to our econometric models.

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Dominican Republic Employment Rate

Actual Previous Highest Lowest Dates Unit Frequency
54.90 59.80 61.50 45.00 2000 - 2020 percent Quarterly
NSA

Dominican Republic Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.20 5.70 19.70 3.20 percent [+]
Population 10.36 10.27 10.36 3.31 Million [+]
Labor Force Participation Rate 56.70 63.40 66.40 56.70 percent [+]
Employment Rate 54.90 59.80 61.50 45.00 percent [+]


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