The unemployment rate for men with basic education in Latin America varies across countries. In 2024, Brazil recorded a high rate of 9.45%, while Ecuador had the lowest at 1.8%. Year-on-year changes from 2023 showed significant variations: Panama experienced the highest increase at 11.71%, while El Salvador saw the steepest decline at 9.8%. Over the past five years, the compound annual growth rate (CAGR) fluctuates, indicating diverse economic conditions impacting unemployment.
Future trends to watch:
- Economic policies impacting job creation in sectors employing men with basic education.
- Potential regional shifts in labor demand driven by technological advancements.
- Economic recovery post-pandemic and its long-term effects on employment.
- Education reforms that might affect employability in various countries.
Top countries in Unemployment Rate for Men with Basic Education by Country
| # | 10 Countries | Percent of Male Labor Force with Basic Education | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Brazil | 9.45 | 2023 | +0.042% | -6.25% | View data |
| 2 | 2 Chile | 8.67 | 2023 | -0.081% | +5.35% | View data |
| 3 | 3 Colombia | 8.48 | 2023 | +2.64% | +8.54% | View data |
| 4 | 4 Costa Rica | 7.98 | 2023 | +0.83% | +0.028% | View data |
| 5 | 5 Uruguay | 7.88 | 2022 | +1.3% | View data | |
| 6 | 6 Panama | 7.18 | 2023 | +0.07% | +11.71% | View data |
| 7 | 7 Argentina | 6.64 | 2023 | -0.76% | -7.84% | View data |
| 8 | 8 Honduras | 5.29 | 2023 | +6.83% | +2.68% | View data |
| 9 | 9 Belize | 5.16 | 2023 | -2.22% | -0.31% | View data |
| 10 | 10 Trinidad and Tobago | 3.57 | 2022 | -23.47% | View data |
