Latin America exhibits varied unemployment rates among individuals with intermediate education. As of 2023, Saint Lucia faces the highest rate at 21.5%, while Mexico enjoys the lowest at 4.02%. Notably, Costa Rica and Panama saw significant year-on-year increases in 2023 at 5.86% and 11.51%, respectively, while Brazil and Argentina experienced decreases of 5.7% and 5.03%. Ecuador's unemployment rate remains relatively stable, experiencing only a slight rise of 0.6% in 2023.
Future trends in unemployment across Latin America for those with intermediate education may be influenced by economic growth, government policies on education and employment, and global economic conditions. Monitoring changes in these factors will be crucial to anticipating shifts in employment rates.
Top countries in Unemployment Rate for Persons with Intermediate Education by Country
| # | 10 Countries | Percent of Labor Force with Intermediate Education | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Saint Lucia | 21.5 | 2023 | +30.08% | View data | |
| 2 | 2 Costa Rica | 16.41 | 2023 | +2.15% | +5.86% | View data |
| 3 | 3 Panama | 12.7 | 2023 | +12.81% | +11.51% | View data |
| 4 | 4 Colombia | 12.67 | 2023 | -0.37% | +2.79% | View data |
| 5 | 5 Brazil | 10.42 | 2023 | +0.029% | -5.7% | View data |
| 6 | 6 Honduras | 9.95 | 2023 | -0.19% | -0.77% | View data |
| 7 | 7 Barbados | 9.3 | 2023 | -0.86% | -1.28% | View data |
| 8 | 8 Belize | 9.21 | 2023 | -1.77% | -1.34% | View data |
| 9 | 9 Chile | 8.98 | 2023 | +0.47% | +2.29% | View data |
| 10 | 10 Dominican Republic | 8.91 | 2023 | +14.96% | -1.51% | View data |
