Market Intelligence Reports

Latin America Market Report Q2 2023

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Talent Solutions - Latin America QMR Q2 2023 | 44 Bolivia ▪ 19% of the Labor Force is 55 years+ ▪ Retirement age ▪ 60 years ▪ The number of participants in the Labor force has increased across all age groups when compared with Q1 2019. The highest growth has been in the 25-34 years group which increased by 21% and the 35-44 years which increased by 17%. Latest Available Data Q2 2023 Total Labor Force (000s) 6,697 Employed Workers (000s) 6,496 Unemployed Workers (000s) 201 Unemployment Rate 3.0% ▪ 43% of the Unemployed Population has been unemployed for less than 3 months. ▪ A quarter of the Unemployed Population has been unemployed for more than 2 years. Workforce Statistics 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+ Age Profile of Labor Force ILOSTAT World Bank 2023

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