La mentira del 2.2%: así se esconde el desempleo real en Nicaragua

La mentira del 2.2%: así se esconde el desempleo real en Nicaragua Despite official claims of low unemployment, Nicaragua faces widespread informality and underemployment, where individuals work long hours for meager wages without social security. Economists argue that the government’s definition of employment is manipulated, counting anyone who works for just an hour as employed. This precarious labor market, characterized by a lack of benefits and dignity, forces many to seek opportunities abroad.

• Nicaragua’s official unemployment rate of 2.2% is disputed by economists and workers, who report high levels of informality and underemployment.
• The government defines ‘employed’ as anyone who has worked for at least one hour in the week prior to a survey, regardless of job stability or income.
• 77% of workers are in the informal sector, lacking social security, sick leave, vacation pay, or a guaranteed minimum wage.
• 40% of the population is underemployed, working few hours, temporarily, or earning less than the minimum wage.
• More than half of the working population does not earn enough to survive daily.
• Migration is viewed as an escape valve due to the lack of economic opportunities and a negative outlook on the country’s future.
• Economic growth claims are questioned, as a lack of freedoms and legal security hinders true development and quality job creation.
• A perception report indicates only 34% have formal employment, and 77.25% of respondents cannot cover monthly expenses.