Daily coverage from across the country, written for the expat community
Results for “labor market”Clear
El Universo reports that Ecuador recorded 273,554 active labor contracts from January through April 2026, with 171,735 concentrated in one broad macrosector covering agriculture, construction, commerce, finance, professional services and health-related work.
A survey of 2,570 companies found that nearly half can't fill open positions. The biggest barriers: lack of experience, weak digital skills, and wages that don't compete.
Average salary expectations have dropped 2.66% this quarter to $818, while the basic food basket costs $829. Here's what the gap means for Ecuador's economy and the expat cost-of-living picture.
Three Ecuadorian nationals are among the first group of 15 migrants sent from the United States to the Democratic Republic of Congo, arriving in Kinshasa on April 17, 2026. Ecuador's Foreign Ministry confirms they are housed in a hotel 'in good condition.' The arrangement is described as temporary, with permits lasting 6 to 12 months.
Ecuador's social security pension system has more than doubled its retiree count since 2016 — to 840,456 — while contributing affiliates have stayed flat at 3.54 million. Pension spending hits $7.55 billion in 2026, contributions cover only $3.44 billion. The IESS is requesting $3.05 billion from the government and pulling $1.41 billion from reserves. Here's what's actually happening to Ecuador's pension system.
The Banco Central del Ecuador raised its 2026 GDP growth projection to 2.5%, up 0.7 points from its September forecast. Inflation is expected at 1.8%, private credit to grow 10%, and the external account to post a $6.4 billion surplus. 2025 closed at 3.7% growth — so momentum is slowing.
Ecuador has signed a Safe Third Country agreement with the United States, accepting deportation flights carrying over 4,700 non-Ecuadorian nationals from at least 16 different countries. The agreement makes Ecuador a receiving country for asylum seekers and migrants removed from the U.S.