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%.
  • Informal employment decreased by 1.9 percentage points, it was 41.4%, compared to 43.2% last year.

From the quarterly report by the National Institute of Statistics and Census:

May 3, 2018. The unemployed population with respect to the labor force increased 1.2 pp, going from 9.1% in the first quarter of 2017 to 10.3% in the first quarter of 2018.  

This increase in the national unemployment rate is mainly due to the 1.8 pp increase in the female unemployment rate, which reached 13.1%, while the male population remained without any statistically significant variation, being 8.6%

See full report by the INEC. (In Spanish)