The unemployment rate of 4.5% among women is what the National Institute of Statistics and Census (INEC) registered in July 2023 and reflected in the National Survey on Employment, Unemployment and Underemployment (Enemdu). This parameter was 4.3% in July 2022.
Unlike men, unemployment decreased by 0.30 percent. In July 2022, it amounted to 3.2%, and in the same month of this year, it amounted to 3.5%.
The national figure compared to the same period fell slightly. In the seventh month of 2022, there were 332,227 unemployed, and in July 2023, 312,283 citizens.
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And full/adequate employment increased by more than 200,000 people. As of July 2023, there were 2,988,083 working citizens, and in July last year there were 2,752,904. Other part-time employment, which includes employed persons who in the reference week earned income below the minimum wage and/or worked shorter than the legal working day and have no desire and availability for additional hours, also grew. . In July 2022, there were 2,521,255 people, and in July 2023, there were 2,525,133.
In the meantime, underemployment has decreased. Analyzing the same months, it went from 1,890,850 in July 2022 to 1,699,076 persons in 2023. This segment includes employed persons who, during the reference week, earned income below the minimum wage and/or worked less than the legal working day and have the desire and availability for additional work. It is the sum of underemployment due to insufficient working hours and insufficient income.
Other categories:
In July 2023, the median earned income for an employed man was $315.2, while it was $257.8 for an employed woman. And the median income for a man with a job was $396.6, and for a woman $287.5.
In terms of hours, an average working week of 37 hours was recorded for men, while for women it was 31 hours per week.
Finally, 54.8% of people with jobs were in the informal sector of the economy, according to INEC.
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Source: Eluniverso
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