The unemployment rate for men with advanced education in Latin America shows significant variation across countries. In 2024, Colombia has the highest rate at 9.91%, while Uruguay boasts the lowest at 1.67%. From 2023 to 2024, notable year-on-year variations include increases in Panama by 12.93% and the Dominican Republic by 9.97%, while significant decreases were observed in countries like Brazil (-5.73%) and Guatemala (-4.11%). Over the last five years, a mixed trend has been observed with fluctuations owing mostly to economic and policy changes within individual countries.
Future trends to watch include economic recovery efforts impacting employment rates, digital transformation creating new job opportunities, and evolving education systems potentially affecting the demand and supply of the skilled labor force. Monitoring how these factors influence unemployment rates will be crucial for understanding labor market dynamics in the region.
Top countries in Unemployment Rate for Men with Advanced Education by Country
| # | 10 Countries | Percent of Male Labor Force with Advanced Education | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Colombia | 9.91 | 2023 | +17.36% | +0.11% | View data |
| 2 | 2 Chile | 7.05 | 2023 | +12.74% | -0.57% | View data |
| 3 | 3 Panama | 6.66 | 2023 | +15.09% | +12.93% | View data |
| 4 | 4 Costa Rica | 6.04 | 2023 | +10.52% | +6.62% | View data |
| 5 | 5 Bolivia | 5.25 | 2023 | +35.17% | -0.86% | View data |
| 6 | 6 El Salvador | 4.63 | 2023 | +5.9% | -0.073% | View data |
| 7 | 7 Ecuador | 4.56 | 2023 | +4.47% | +0.68% | View data |
| 8 | 8 Honduras | 4.55 | 2023 | -1.13% | -3.28% | View data |
| 9 | 9 Peru | 4.22 | 2023 | +3.38% | +5.96% | View data |
| 10 | 10 Mexico | 4.2 | 2023 | +2.14% | +1.34% | View data |
