In 2024, Costa Rica exhibits the highest unemployment rate for men with intermediate education in Latin America at 13.26%, marking a 6.67% increase from the previous year. Colombia and Panama follow with rates of 10.29% and 10.27%, experiencing growth of 3.82% and 13.37% respectively. Conversely, Honduras and Chile saw modest shifts, with Honduras decreasing by 1.41% and Chile increasing by 3.06%. Brazil and Argentina have lower rates of 8% and 6.19%, both declining significantly at 7.05% and 6.34%. Meanwhile, lower rates are noted in Ecuador (4.38%), Trinidad and Tobago (4.18%), Mexico (3.95%), and Guatemala (3.83%), with slight decreases in unemployment. Over five years, the region's compound annual growth rate has varied, reflecting economic volatility.
Future trends to observe include the economic policies implementations post-pandemic and their impact on labor markets, particularly on education-related employment disparities. Additionally, economic growth, technological advances reshaping job markets, and potential political changes could substantially influence these unemployment rates.
Top countries in Unemployment Rate for Men with Intermediate Education by Country
| # | 10 Countries | Percent of Male Working-Age Population with Intermediate Education | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Costa Rica | 13.26 | 2023 | +3.33% | +6.67% | View data |
| 2 | 2 Colombia | 10.29 | 2023 | -0.27% | +3.82% | View data |
| 3 | 3 Panama | 10.27 | 2023 | +12.01% | +13.37% | View data |
| 4 | 4 Honduras | 8.62 | 2023 | +55.39% | -1.41% | View data |
| 5 | 5 Chile | 8.52 | 2023 | +1.06% | +3.06% | View data |
| 6 | 6 Brazil | 8 | 2023 | +0.013% | -7.05% | View data |
| 7 | 7 Uruguay | 6.58 | 2022 | +5.22% | View data | |
| 8 | 8 Argentina | 6.19 | 2023 | -13.26% | -6.34% | View data |
| 9 | 9 Dominican Republic | 5.38 | 2023 | +16.17% | -0.23% | View data |
| 10 | 10 Bolivia | 4.75 | 2023 | +15.08% | +0.82% | View data |
