Table of Contents
Job Market Overview: Employment Statistics in Ecuador
Understanding Ecuador's job market is crucial for both job seekers and employers. The country's current employment indicators show:
| Key Metric | Current Status |
|---|---|
| Total Population | 17.643.054 residents |
| Employment Rate | 53.4% (below OECD average) |
| Unemployment Rate | 4.2% (very competitive market) |
| Workforce Size | 9.421.391 active workers |
These Ecuador employment statistics reveal a tight labor market where candidates should highlight specialized skills. The 53.4% employment rate suggests moderate job availability across sectors.
Living & Working in Ecuador: Economic Insights
Before relocating or applying for jobs in Ecuador, consider these key economic factors:
| Economic Indicator | Value | Comparison to U.S. |
|---|---|---|
| Average Monthly Salary | 502,39 USD | 11% of U.S. average (significantly lower) |
| Purchasing Power | 38.4 | moderate compared to U.S. (100) |
With 38.4 purchasing power, salaries in Ecuador provide adequate but budget-conscious lifestyles. The average monthly salary of 502,39 USD is particularly attractive in the Agriculture, Oil sector.
Top Industries & Job Opportunities in EC
Ecuador's thriving job market spans these key sectors:
| Leading Industry | Agriculture, Oil (growing at 5% annually) |
| Emerging Sector | Manufacturing, Oil Refining (25% of workforce) |
| Service Sector | Services, Tourism (60% of GDP) |
| Major Employers | Petroecuador, Corporación Favorita, CNT EP (hiring year-round) |
Job seekers should focus on Agriculture, Oil for the most opportunities, while Manufacturing, Oil Refining offers growth potential. Major companies like Petroecuador, Corporación Favorita, CNT EP frequently post openings for skilled professionals.
CityJobs bridges the gap between job seekers and employers in Ecuador, creating a more accessible and inclusive job market for all.
1. What's the employment situation in Ecuador?
With a population of 17,643,054 and an employment rate of 53.4%, Ecuador offers a competitive job market. The unemployment rate currently stands at 4.2%.
2. Which are the top companies in Ecuador?
The leading employers in Ecuador include Petroecuador, Corporación Favorita, CNT EP. These companies offer diverse opportunities across multiple sectors.
3. How far does salary go in Ecuador?
The purchasing power ratio in Ecuador is 38.4, meaning cost of living should be carefully considered when evaluating job offers.
4. How can I find jobs in Ecuador?
Search our listings filtered for Ecuador. Focus on industries where Petroecuador, Corporación Favorita, CNT EP are active, and consider that the 53.4% employment rate suggests moderate competition for positions.
5. What should I know about working in Ecuador?
With Petroecuador, Corporación Favorita, CNT EP as major employers, the job market tends to favor Manufacturing, Oil Refining and Services, Tourism.
