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Unemployment decreases year-on-year in Ecuador from 6.2 to 4.9% (September)

RIO DE JANEIRO, BRAZIL - Despite the political difficulties faced by the government of Guillermo Lasso in Ecuador, official statistics agencies reported employment growth of 2.7% and a decline in unemployment, underemployment, and non-full employment between 1% and 1.7% between September 2020 and September 2021.

The National Institute of Statistics and Census (INEC) found significant statistical differences in the national report on employment, unemployment, and underemployment.

The comparisons noted by the Public Statistical Institute between September 2020 and September 2021 are as follows: Inadequate employment shows an increase from 30.8% to 33.5%; Unemployment shows a decrease . . .

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