Employment Rate in Venezuela decreased to 92.67 percent in April from 92.92 percent in March of 2016. Employment Rate in Venezuela averaged 89.37 percent from 1999 until 2016, reaching an all time high of 94.47 percent in December of 2014 and a record low of 79.30 percent in February of 2003.

Employment Rate in Venezuela is expected to be 70.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Rate in Venezuela to stand at 63.00 in 12 months time. In the long-term, the Venezuela Employment Rate is projected to trend around 57.00 percent in 2020, according to our econometric models.

Venezuela Employment Rate
Forecast Data Chart
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Venezuela Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.30 7.10 20.70 5.50 percent [+]
Employed Persons 13089081.00 13127644.00 13607057.00 8505814.00 [+]
Unemployed Persons 1035238.00 1000943.00 2406251.00 760063.00 [+]
Minimum Wages 4000000000.00 1800000000.00 4000000000.00 4.00 VEF/Month [+]
Population 31.83 31.43 31.83 7.58 Million [+]
Employment Rate 92.67 92.92 94.47 79.30 percent [+]

Venezuela Employment Rate

In Venezuela, the employment rate measures the number of people who have a job as a percentage of the labour force. This page provides - Venezuela Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Venezuela Employment Rate - actual data, historical chart and calendar of releases - was last updated on June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
92.67 92.92 94.47 79.30 1999 - 2016 percent Monthly

Country Last Previous
Mexico 96.50 Apr/19
Switzerland 80.60 Dec/18
Netherlands 77.90 Dec/18
Germany 76.50 Dec/18
United Kingdom 76.10 Mar/19
France 66.10 Mar/19
Spain 63.58 Mar/19
Australia 62.40 Apr/19
Canada 62.20 May/19
South Korea 61.50 May/19
United States 60.60 May/19
Japan 60.50 Apr/19
Russia 59.00 Apr/19
Italy 58.80 Apr/19
Brazil 54.20 Apr/19
Turkey 46.00 Mar/19
South Africa 42.56 Mar/19
Argentina 42.30 Mar/19