The labor participation rate among the total population aged between 15 and 64 in Ecuador saw no significant changes in 2022 in comparison to the previous year 2021 and remained at around 69.21 percent. However, 2022 marked the second consecutive increase of the labor participation rate. The labor force participation rate refers to the share of the population aged 15 years and over who are economically active. Unemployed people actively searching for work are included, whereas the long-term unemployed (economically inactive) are not. It is calculated by dividing the total number of workers aged 15 and over by the total population aged 15 and over.
Find more key insights for the labor participation rate among the total population aged between 15 and 64 in countries like Bolivia and Peru.
Ecuador: Labor force participation rate from 2012 to 2022
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The labor force participation rate is the proportion of the population ages 15-64 that is economically active: all people who supply labor for the production of goods and services during a specified period.
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World Bank. (June 28, 2024). Ecuador: Labor force participation rate from 2012 to 2022 [Graph]. In Statista. Retrieved September 09, 2024, from https://www.statista.com/statistics/994036/labor-force-participation-rate-in-ecuador/
World Bank. "Ecuador: Labor force participation rate from 2012 to 2022." Chart. June 28, 2024. Statista. Accessed September 09, 2024. https://www.statista.com/statistics/994036/labor-force-participation-rate-in-ecuador/
World Bank. (2024). Ecuador: Labor force participation rate from 2012 to 2022. Statista. Statista Inc.. Accessed: September 09, 2024. https://www.statista.com/statistics/994036/labor-force-participation-rate-in-ecuador/
World Bank. "Ecuador: Labor Force Participation Rate from 2012 to 2022." Statista, Statista Inc., 28 Jun 2024, https://www.statista.com/statistics/994036/labor-force-participation-rate-in-ecuador/
World Bank, Ecuador: Labor force participation rate from 2012 to 2022 Statista, https://www.statista.com/statistics/994036/labor-force-participation-rate-in-ecuador/ (last visited September 09, 2024)
Ecuador: Labor force participation rate from 2012 to 2022 [Graph], World Bank, June 28, 2024. [Online]. Available: https://www.statista.com/statistics/994036/labor-force-participation-rate-in-ecuador/