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 January of 2023.

Employment Rate in Cape Verde is expected to reach 51.00 percent by the end of 2022, 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 2023, according to our econometric models.

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Cape Verde Employment Rate

Related Last Previous Unit Reference
Unemployment Rate 14.50 14.50 percent Dec 2021
Employment Rate 45.30 50.90 percent Dec 2020
Employed Persons 186627.00 206344.00 Thousand Dec 2020
Youth Unemployment Rate 28.37 28.01 percent Dec 2020
Unemployed Persons 31724.00 26259.00 Thousand Dec 2020
Labor Force Participation Rate 53.00 57.40 percent Dec 2020