Issue link: https://read.uberflip.com/i/1503407
ManpowerGroup Talent Solutions: Global QMR Q2 2023 | 21 Dominican Republic 5 4 years 5 4 years 5 44 years 45 54 years 55 4 years 5 years , 4 , , , 5 5 5 4 5 4 4 4 4 5 4 5 44 45 54 55 4 5 years ▪ 18% of the Labor Force is 55 years+ ▪ Retirement age ▪ 60 years ▪ Compared to Q1 2019, there has been a slight fall in the number of Labor force participants in the 35-54 year old age groups. Over the same period, 55-64 and 65 years+ age groups have increased by 7% and 10% respectively. Latest Available Data Q2 2023 Total Labor Force (000s) 5,014 Employed Workers (000s) 4,773 Unemployed Workers (000s) 241 Unemployment Rate 4.8% ess than month months 4 months months 4 months 4 months mployees 5 mployers 4 wn Account orkers Co operatives Contributing amiliy orkers 5 . 5 . 5 . 5 . . 4. . .4 . . . . 5 . 55. 5 .4 5 . 5 ale 5 4 years ale 5 years emale 5 4 years emale 5 years Workforce Statistics Age Profile of Labor Force Labor Force Participation Rates by Age and Sex Number of Participants in Labor Force By Age (000s) Distribution of Status in Employment Duration of Unemployment – 25 years+ ▪ 64% of the Unemployed Population has been unemployed for less than 3 months. ILOSTAT https://bancentral.gov.do