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Talent Solutions – Latin America QMR Q2 2022
Work Force Statistics
7% Trade Union Membership in 2019
Protests against fuel increases
Recent Industrial activity
▪ Federation of Truck drivers of Paraguay
▪ Transport workers
▪ Teachers
Age & Gender Profile - Employed Population Q4 2021
▪ Y Y J ' w
▪ Wage Inflation (Year on Year) to 2021 was -1.6%
Based on Ilostat Average Wage figures.
Inflation and Wage Growth
Q2 2022
Total Labor Force (000s)
3,744
Employed Workers (000s) 3,490
Unemployed Workers (000s) 255
Unemployment Rate 6.8%
Paraguay
Q4 2021
Change in Labor Force compared to Q4 2019
Overall the employed population in Paraguay has
increased by 1.3% when compared with Q4 2019.
▪ The number of 15-34 year olds in employment
decreased by 18K.
▪ The highest growth was in 35-54 year old age
group driven by a greater number of males being
employed.
Industrial Action
Indicative Wages (in USD)
Other Cost Considerations
Change in Employed Population Compared to Q4 2019
Monthly Hourly
Sources:
https://wageindicator.org/
https://ilostat.ilo.org/data/
https://data.worldbank.org/
https://tradingeconomics.com/
https://www.ine.gov.py
