Venezuela Unemployment Rate

Unemployment Rate in Venezuela decreased to 7.20 percent in February of 2014 from 9.50 percent in January of 2014. Unemployment Rate in Venezuela is reported by the National Institute of Statistics, Venezuela. Unemployment Rate in Venezuela averaged 11.15 Percent from 1999 until 2014, reaching an all time high of 20.70 Percent in February of 2003 and a record low of 5.60 Percent in December of 2013. In Venezuela, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Venezuela Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
7.20 9.50 20.70 5.60 7.30 | 2014/03 1999 - 2014 Percent Monthly

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Venezuela Unemployment Rate
LIST BY COUNTRY

Labour Last Previous Highest Lowest Forecast Unit
Population 29.72 2012-12-31 29.28 29.72 7.58 29.72 2013-12-31 Million [+]
Employed Persons 13005919.00 2014-02-15 12530619.00 13165887.00 8505814.00 13005413.76 2014-03-31 [+]
Unemployed Persons 1014576.00 2014-02-15 1320084.00 2406251.00 760063.00 1020961.99 2014-03-31 [+]
Wages 2815.80 2013-08-15 2395.50 2815.80 270.60 2811.28 2013-12-31 Index Points [+]
Unemployment Rate 7.20 2014-02-15 9.50 20.70 5.60 7.30 2014-03-31 Percent [+]
[+]


Unemployment Rate | Notes
The unemployment rate can be defined as the number of people actively looking for a job divided by the labour force. Changes in unemployment depend mostly on inflows made up of non-employed people starting to look for jobs, of employed people who lose their jobs and look for new ones and of people who stop looking for employment.


RELATED NEWS

Venezuela Changes in Inventories at 1691.00 VEF Million  
Changes in Inventories in Venezuela decreased to 1691 VEF Million in the third quarter of 2013 from 1880 VEF Million in the second quarter of 2013. Changes in Inventories in Venezuela is reported by the Banco Central De Venezuela.
Venezuela Consumer Price Index (CPI) at 527.70 Index Points  
Consumer Price Index (CPI) in Venezuela increased to 527.70 Index Points in February of 2014 from 514.40 Index Points in January of 2014. Consumer Price Index (CPI) in Venezuela is reported by the Banco Central De Venezuela.
Venezuela Consumer Spending at 11605.00 VEF Million  
Consumer Spending in Venezuela increased to 11605 VEF Million in the third quarter of 2013 from 11160 VEF Million in the second quarter of 2013. Consumer Spending in Venezuela is reported by the Banco Central De Venezuela.
Venezuela Core Consumer Prices at 594.30 Index Points  
Core Consumer Prices in Venezuela increased to 594.30 Index Points in December of 2013 from 582.30 Index Points in November of 2013. Core Consumer Prices in Venezuela is reported by the Banco Central De Venezuela.
Venezuela Crude Oil Production at 2300.00 Thousands Barrels per Day  
Crude Oil Production in Venezuela remained unchanged at 2300 Thousands Barrels per Day in December of 2013 from 2300 Thousands Barrels per Day in November of 2013. Crude Oil Production in Venezuela is reported by the U.S. Energy Information Administration.
Venezuela Employed Persons at 13005919.00  
The number of employed persons in Venezuela increased to 13005919 in February of 2014 from 12530619 in January of 2014. Employed Persons in Venezuela is reported by the National Institute of Statistics, Venezuela.
Venezuela External Debt at 610.00 USD Million  
External Debt in Venezuela increased to 610 USD Million in February of 2014 from 143 USD Million in January of 2014. External Debt in Venezuela is reported by the Banco Central De Venezuela.
Venezuela Government Spending at 2876.00 VEF Million  
Government Spending in Venezuela increased to 2876 VEF Million in the third quarter of 2013 from 2655 VEF Million in the second quarter of 2013. Government Spending in Venezuela is reported by the Banco Central De Venezuela.
Venezuela Gross Fixed Capital Formation at 4681.00 VEF Million  
Gross Fixed Capital Formation in Venezuela decreased to 4681 VEF Million in the third quarter of 2013 from 4759 VEF Million in the second quarter of 2013. Gross Fixed Capital Formation in Venezuela is reported by the Banco Central De Venezuela.
Venezuela Commercial Bank Loan Rate at 15.59 Percent  
Interbank Rate in Venezuela decreased to 15.59 percent in March of 2014 from 16.27 percent in February of 2014. Interbank Rate in Venezuela is reported by the Banco Central De Venezuela.
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