In the current scenario of economic crisis, during the third quarter of the year the unemployment rate nationwide stood at 22%, a proportion that is lower than the 24.4% reported for the mobile quarter from May to July.
According to the report released by the National Institute of Statistics and Censuses (INEC), 42% of the people who were unemployed during the third quarter of 2020 said that they had less than three months to look for work.
From April to June of this year, the unemployment rate stood at 11.9%, higher than the 11.3% reported in the first quarter of 2019.
For the second quarter of 2019, there was a significant increase in the net labor participation rate of 63%, with a 2.1 pp. increase over the same period of the previous year. The national labor force was 2.48 million people, significantly increased by 114 thousand people compared to the second quarter of 2018, this product of an equally significant decrease in the population outside the labor force (60 thousand people), reported the National Institute of Statistics and Censuses (INEC).
Between 2016 and 2017, the Metropolitan Area of San Salvador registered a slight increase in the unemployment rate, rising from 6.8% to 7.5%.
According to the Multiple Purpose Household Survey for 2017, the unemployment rate "...By age ranges, unemployment among young people (16 to 24 years old) is 14.4%, among people aged 25 to 59 it is 5.1%, while for those over 59 it is 5.9%."
The unemployed population with respect to the labor force increased 1.2%, going from 9.1% in the first quarter of 2017, to 10.3% in the first quarter of 2018.
- The employment rate was 51.8%, while in the same period last year it was 54%.
- The unemployment rate increased with respect to the same period last year, in this quarter it was 10.3%, the previous year it was 9.1%.