Issue link: https://read.uberflip.com/i/1492549
Talent Solutions – Latin America Q4 2022 | 51 ▪ Y y f N v b '22 was 9.17% ▪ Wage growth figures overall are not available, however minimum wages have recently been increased by 7%. 2 2 2 ▪ Equal salary for equal work in the same conditions, efficiency and seniority. General Anti-discrimination laws. ▪ In 2018, average salaries of women in the formal sector were 11.2% less than men. ▪ Restrictions on hiring foreigners. Latest Available Data Q4 2022 2021 Total Labor Force (000s) 7,404 6,411 Employed Workers (000s) 7,241 6,283 Unemployed Workers (000s) 163 128 Unemployment Rate 2.2% 2.0% 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 22 ▪ Since 2000, the Working Age Population (15-64 years) has increased by 85%. Population in Thousands International Monetary Fund * Estimate Work Force Statistics Workforce Participation Rate by Age and Gender Inflation and Wage Growth Gender Equity and Inclusion Gender Gap Scores Compared to Region Year on year GDP Growth (%) ILOSTAT World Economic Forum Global Gender Gap Report 2022 Evolution of the Key Working Age Population over Time ILOSTAT Guatemala