Labor Force Participation Rate in El Salvador increased to 62.20 percent in 2019 from 61.30 percent in 2018.

Labor Force Participation Rate in El Salvador averaged 61 percent from 2005 until 2019, reaching an all time high of 63.60 percent in 2013 and a record low of 52.40 percent in 2005. This page provides - El Salvador Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. El Salvador Labor Force Participation Rate - values, historical data and charts - was last updated on October of 2020.

Labor Force Participation Rate in El Salvador is expected to reach 61.87 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the El Salvador Labor Force Participation Rate is projected to trend around 61.87 percent in 2021, according to our econometric models.

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El Salvador Labor Force Participation Rate

Actual Previous Highest Lowest Dates Unit Frequency
62.20 61.30 63.60 52.40 2005 - 2019 percent Yearly
NSA

El Salvador Labour Last Previous Highest Lowest Unit
Unemployment Rate 6.30 6.40 7.97 5.88 percent [+]
Unemployed Persons 196747.00 190724.00 208694.00 146858.00 [+]
Labor Force Participation Rate 62.20 61.30 63.60 52.40 percent [+]
Population 6.45 6.42 6.45 2.20 Million [+]
Employed Persons 2908119.00 2814266.00 2908119.00 2173963.00 [+]
Employment Rate 46.31 45.24 46.31 40.40 percent [+]
Youth Unemployment Rate 13.40 13.60 15.00 8.90 percent [+]


El Salvador Labor Force Participation Rate
The labour force participation rates is the number of persons who are employed and unemployed but looking for a job divided by the total working-age population.