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 ASOS INDEKS
Analysis of unemployment growth in Ecuador: period 2010-2021
2021
Journal:  
RELIGACIÓN
Author:  
Abstract:

Unemployment is a variable of special attention in the Ecuadorian economy, therefore knowing its evolution is essential to improve the living conditions of the population and the economy in general. A country with a high unemployment rate triggers negative factors such as: poverty, informality, crime, migration, etc. Therefore, this work aims to analyze the growth of unemployment in Ecuador during the period 2010–2021. For this, analytical-historical-descriptive research is carried out, supporting information from various official national sources. The results reflect that the growth of unemployment in the country is more evident in urban areas and in female labor activity. By 2018, the fall in formal employment was already reflected due to the crisis derived from 2014, which gave way to the increase in informal employment or in the last few stays to unemployment, influencing to a greater extent in 2020 due to the COVID-19 pandemic. 19. In addition, the increase in taxes, the appreciation of the dollar, lower domestic demand, damage caused by the earthquake are some causes with high relevance in the increase in unemployment.

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