approximately 9.39 percent.
In 2020, the unemployment rate in Honduras was estimated to be at approximately 9.39 percent.
Honduras: Unemployment rate from 1999 to 2020.
| Characteristic | Unemployment rate |
|---|---|
| 2020 | 9.39% |
| 2019 | 5.57% |
| 2018 | 5.65% |
| 2017 | 5.53% |
Contents
What is the unemployment rate in Honduras 2021?
7.90 percent
Unemployment Rate in Honduras is expected to reach 7.90 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations.
What country has highest unemployment?
Burkina Faso
In 2017, Burkina Faso had the highest unemployment rate in the world, at 77 percent. This means that for every 100 members of the workforce, 77 did not have jobs at the time of the survey.
What country has the highest unemployment rate 2020?
Here are the 10 countries with the highest rates of unemployment:
- Burkina Faso (77.00%)
- Syria (50.00%)
- Senegal (48.00%)
- Haiti (40.60%)
- Kenya (40.00%)
- Djibouti (40.00%)
- Republic of the Congo (36.00%)
- Marshall Islands (36.00%)
What country has the lowest unemployment rate in the world?
Lowest Unemployment Rates
- Qatar: 0.1%
- Solomon Islands: 0.5%
- Niger: 0.5%
- Lao People’s Democratic Republic: 0.6%
- Cambodia: 0.7%
- Bahrain: 0.8%
- Thailand: 0.8%
- Rwanda: 1%
What is the poverty rate in Honduras?
66 percent
What Are Honduras’ Poverty Levels? Honduras experiences the highest level of poverty in Latin America, with a poverty rate of over 66 percent. In rural areas, one of every five Hondurans lives below the poverty line on around $1.90 per day.
Is Honduras low income country?
Honduras is a low middle-income country that faces major challenges, with more than 66 percent of the population living in poverty in 2016, according to official data. In rural areas, approximately one out of 5 Hondurans live in extreme poverty, or on less than US$1.90 per day.
Which country has best economy?
- United States. 2019 Nominal GDP in Current U.S. Dollars: $21.43 trillion3
- China. 2019 Nominal GDP in Current U.S. Dollars: $14.34 trillion3
- Japan. 2019 Nominal GDP in Current U.S. Dollars: $5.08 trillion3
- Germany. 2019 Nominal GDP in Current U.S. Dollars: $3.86 trillion3
- India.
- United Kingdom.
- France.
- Italy.
What is China’s unemployment rate?
In 2020, the rate of registered unemployment in urban areas of China increased to about 4.2 percent due to the COVID-19 pandemic.
Unemployment rate in urban China from 2010 to 2020 with forecasts until 2026.
| Characteristic | Unemployment rate |
|---|---|
| 2020 | 4.24% |
| 2019 | 3.62% |
| 2018 | 3.8% |
| 2017 | 3.9% |
What was highest unemployment rate in US history?
The unemployment rate has varied from as low as 1% during World War I to as high as 25% during the Great Depression. More recently, it reached notable peaks of 10.8% in November 1982 and 14.7% in April 2020. Unemployment tends to rise during recessions and fall during expansions.
Who has the highest unemployment rate in the world 2021?
South Africa
According to a new report released on Tuesday by Bloomberg, South Africa has the highest unemployment rate on a global list of 82 countries as the jobless rate increased to 34.4 per cent in Q2 2021 from 32.6 per cent in Q1 2021.
Why is Egypt unemployment rate so high?
The unemployment issue in Egypt is mainly about the educated youth seeking its first job. The mismatch of skills between job requirements and the qualification of job seekers, the high reservation wage of new school leavers, and limited labor mobility are at the root of the problem.
What is the global unemployment rate 2021?
For the European countries, one of reasons for the persistent worker shortages is the ageing population (figure 2), which also implies an increase in the number of retirements in the medium-term, not likely to be offset by young people joining the labour force.
What’s a bad unemployment rate?
However, economists suggest that as the U.S. unemployment rate gets below 5%, the economy is very close to or at full capacity. So at 3.5% one could argue the level of unemployment is too low, and the U.S. economy is becoming inefficient.
What is New Zealand’s unemployment rate?
The unemployment rate fell to 3.4% in the quarter ending September, Statistics New Zealand data showed, far lower than a forecast of 3.9% by economists polled by Reuters.
What country has the least jobs?
Countries with less than 1 million inhabitants are not included.
Countries with the lowest unemployment rates:
| 1. | Cambodia | 0.3% |
|---|---|---|
| 2. | Qatar | 0.6% |
| 3. | Thailand | 0.7% |
| 4. | Benin | 1.0% |
| 5. | Belarus | 1.0 % |
Why is Honduras the poorest country?
Part of the reason that poverty in Honduras is so prevalent is the high inequality within the country. Of its impoverished residents, 60.1% live in rural areas and 38.4% live in urban areas. This results in one of the smallest middle classes in all of Central America.
What is wrong with Honduras economy?
Honduras, the second poorest country in Central America, suffers from extraordinarily unequal distribution of income, as well as high underemployment. While historically dependent on the export of bananas and coffee, Honduras has diversified its export base to include apparel and automobile wire harnessing.
What is the average income in Honduras?
In 2020, the national gross income per capita in Honduras amounted to around 2.2 thousand U.S. dollars, down from nearly 2.4 thousand U.S. dollars per person in the previous year.
What is the minimum wage in Honduras?
Honduras’ Minimum Wage is the lowest amount a worker can be legally paid for his work. Most countries have a nation-wide minimum wage that all workers must be paid. Range of minimum wages from 5,681.73 Honduran lempiras per month (22.44 lempiras per hour) to 8,803.70 lempiras per month (36.68 lempiras per hour.)
What is the most common job in Honduras?
The economy of Honduras is based mostly on agriculture, which accounts for 14% of its gross domestic product (GDP) in 2013. The country’s leading export is coffee (US$340 million), which accounted for 22% of the total Honduran export revenues.
