approximately 9.14 percent.
In 2020, the unemployment rate in Venezuela was estimated at approximately 9.14 percent.
Venezuela: Unemployment rate from 1999 to 2020.
| Characteristic | Unemployment rate |
|---|---|
| 2019 | 7.16% |
| 2018 | 7.22% |
| 2017 | 7.3% |
| 2016 | 7.39% |
Contents
What is Venezuela’s unemployment rate 2021?
was 9.14%, a 1.98
Venezuela unemployment rate for 2020 was 9.14%, a 1.98% increase from 2019.
Venezuela Unemployment Rate 1991-2021.
| Venezuela Unemployment Rate – Historical Data | ||
|---|---|---|
| Year | Unemployment Rate (%) | Annual Change |
| 2020 | 9.14% | 1.98% |
| 2019 | 7.16% | -0.06% |
| 2018 | 7.22% | -0.08% |
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%)
How many people in Venezuela have jobs?
15011108.00
| Related | Last | Reference |
|---|---|---|
| Unemployment Rate | 6.40 | Dec/18 |
| Employed Persons | 15011108.00 | Dec/18 |
| Unemployed Persons | 1018421.00 | Dec/18 |
| Population | 32.60 | Dec/20 |
What country has the worst unemployment rate?
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.
Does Venezuela have high unemployment rate?
This statistic shows the unemployment rate in Venezuela from 1999 to 2020. In 2020, the unemployment rate in Venezuela was estimated at approximately 9.14 percent.
Venezuela: Unemployment rate from 1999 to 2020.
| Characteristic | Unemployment rate |
|---|---|
| 2020 | 9.14% |
| 2019 | 7.16% |
| 2018 | 7.22% |
| 2017 | 7.3% |
What is the poverty rate in Venezuela?
76.6%
According to a study by a team of researchers in 2021 76.6% of Venezuelans live on less than $1.90 a day, the international standard for extreme poverty. The report, the Encuesta Nacional de Condiciones de Vida (ENCOVI), has been produced every year since 2014, when extreme poverty was “only” 13.1%.
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% |
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.
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 Venezuela’s unemployment rate so high?
It is mainly a structural unemployment which may be explained by four factors: the high rate of migration from the rural to the urban sector; the high capital-intensity of the industrial sector in Venezuela; the unimportant role of agriculture in the economic development of Venezuela; and labor policy.
What is the labor force in Venezuela?
Venezuela labor force participation rate for 2019 was 34.09%, a 2.23% decline from 2018.
Venezuela Labor Force Participation Rate 1990-2021.
| Venezuela Labor Force Participation Rate – Historical Data | ||
|---|---|---|
| Year | Participation Rate for Ages 15-24 | Annual Change |
| 2018 | 36.32% | -1.43% |
| 2017 | 37.75% | -0.89% |
| 2016 | 38.64% | -0.45% |
What are the most common jobs in Venezuela?
In Venezuela the main industries are oil, food processing, construction materials, textiles, mining, steel, and tourism. Any expats who are considering working in Venezuela will need to get a work permit. After securing a job in Venezuela, your employer should apply for your work permit.
Which country has the highest employment rate in the world?
The adult employment rate in 2020 was higher in Switzerland than any other Organization for Economic Cooperation and Development (OECD) country, at 79.9 percent.
Employment rate in OECD countries in 2020.
| Characteristic | Employment rate |
|---|---|
| Germany* | 76.7% |
| Sweden | 75.5% |
| United Kingdom | 75.3% |
| Norway | 74.7% |
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.
Which county has the highest unemployment rate?
Kern County
Kern County has one of the highest rates of unemployment in the country, ranks 56 out of 58 counties in California. BAKERSFIELD, Calif. (KERO) — Data shows Kern County has one of the highest rates of unemployment in the country. The county ranks 56 out of 58 counties in California.
Is Venezuela the poorest country?
Venezuela is the most poverty-stricken country in Latin America. The nation’s position in poverty has led to Venezuelan citizens requiring aid from the United States, more so than any nation in Latin America. Some argue that poverty in Venezuela is mainly due to the politics in Venezuela.
Is Venezuela a rich or poor country?
The 2020-2021 National Survey of Living Conditions (ENCOVI), conducted by researchers at Andres Bello Catholic University (UCAB), found that of the country’s 28 million residents, 76.6% live in extreme poverty, up from 67.7% last year.
Is Venezuela a good place to live?
Venezuela is one of the more popular expat destinations in Latin America, and with good reason. If you consider most of the usual parameters for judging a place, Venezuela scores quite well.However, for the most part, Venezuela is still a great place to live, and most expats are very happy in the country.
Why is Venezuela so poor?
Political corruption, chronic shortages of food and medicine, closure of businesses, unemployment, deterioration of productivity, authoritarianism, human rights violations, gross economic mismanagement and high dependence on oil have also contributed to the worsening crisis.
Why Venezuela is so poor country?
Since 2014, the country has suffered from shortages of basic supplies and hyperinflation. Millions of people are in need of aid. The government has not commented but it often says US sanctions are to blame. Critics, however, say the crisis is a result of President Nicolás Maduro’s economic mismanagement.
