According to data released by Ecuador's National Institute of Statistics and Census (INEC), the country's unemployment rate reached 3.2% in May 2023, representing a slight decrease from the 3.7% rate recorded in the same month of the previous year.
Analyzing the figures by area, urban unemployment stood at 4.1%, while rural areas reported a lower rate of 1.5%.
The report also highlighted gender disparities in unemployment, with women experiencing a higher rate than men.
Nationally, 4.0% of women in the economically active population were unemployed, while the rate for men was 2.7. . .
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