Respuesta :
The rate of Unemployment in Cuba is 2.76 in 2021. As a result, fewer people are joining the labor in Cuba, which is one of the factors contributing to the nation's reduced unemployment rate.
Why unemployment in Cuba is low?
The Unemployment rate in Cuba is low Because it ignores disguised unemployment, which has occasionally reached extremely high levels, as well as discouraged workers—who in Cuba are typically not included in open unemployment—it fails to account for these conditions.
According to projections made by Trading Economics' global macro models and analysts, Cuba's unemployment rate will reach 3.50 percent by the end of 2021. Our econometric models predict that, over the long term, the unemployment rate in Cuba will tend to be between 3.0% in 2022 and 2.0% in 2023.
Learn more about Cuba's Unemployment here:
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