In Ecuador only 3 out of 10 Ecuadorians have decent employment

The National Institute of Statistics and Censuses (INEC) presented the results of the National Survey of Employment, Unemployment and Underemployment (Enemdu) 36 days late.

In this report, it is evidenced that there was a reduction in adequate employment in the last months of 2020. In September there were 2’526.169 people who had full employment and in December 2’495.719. This means that only 3 out of 10 Ecuadorians have a job in decent conditions and with the benefits of the Law.

The underemployment rates also fell. In September there was a total of 1’840.425 and in December 1’833.702. Currently this figure stands at 22.7%.

On the other hand, there was a considerable increase in the categories of unpaid employment.

The first category is defined for people with a job who, during the reference week, do not receive labor income. In the case of non-full employment, there are people with a job who, during the reference week, received an income below the minimum wage.

In addition, the study shows that 401.305 Ecuadorians were unemployed in December 2020, which represented 5% of the Economically Active Population (EAP). A figure that is 1.2% higher than the cut made by the entity in December 2019.

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