Employment Rate in Cape Verde decreased to 45.30 percent in 2020 from 50.90 percent in 2019. source: INE, Cape Verde

Employment Rate in Cape Verde averaged 50.52 percent from 2011 until 2020, reaching an all time high of 54.20 percent in 2016 and a record low of 45.30 percent in 2020. This page provides - Cape Verde Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Cape Verde Employment Rate - values, historical data and charts - was last updated on June of 2021.

Employment Rate in Cape Verde is expected to reach 51.00 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cape Verde Employment Rate is projected to trend around 51.00 percent in 2022, according to our econometric models.

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Cape Verde Employment Rate

Actual Previous Highest Lowest Dates Unit Frequency
45.30 50.90 54.20 45.30 2011 - 2020 percent Yearly
NSA

Cape Verde Labour Last Previous Highest Lowest Unit
Unemployment Rate 12.30 11.30 21.40 10.70 percent [+]
Population 0.55 0.54 0.55 0.20 Million [+]
Unemployed Persons 31724.00 26259.00 37915.00 21168.00 Thousand [+]
Youth Unemployment Rate 28.37 28.01 41.00 21.30 percent [+]
Labor Force Participation Rate 57.04 60.38 63.70 57.04 percent [+]
Minimum Wages 13000.00 13000.00 13000.00 11000.00 CVE/Month [+]
Employed Persons 206344.00 195000.00 209725.00 177297.00 Thousand [+]
Employment Rate 45.30 50.90 54.20 45.30 percent [+]