Market Intelligence Reports

Latin America Market Report Q2 2023

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Talent Solutions - Latin America QMR Q2 2023 | 55 Paraguay Latest Available Data Q2 2023 Total Labor Force (000s) 3,750 Employed Workers (000s) 3,507 Unemployed Workers (000s) 244 Unemployment Rate 6.5% ▪ 15% of the labor force is 55 years+. ▪ Compared to Q1 2019, the number of participants in the Labor Force has increased across all age groups. The largest growth was in the 35-44 year age group which experienced an 11% increase. 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+ ▪ 65% of the Unemployed Population has been unemployed for less than 3 months. ILOSTAT https://www.ine.gov.py/

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