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[BUSINESS] · Venezuela, Ecuador · 4 sources

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Labor market challenges for workers over 50 in Venezuela and Ecuador

Workers over the age of 50 face significant challenges in the labor markets of Venezuela and Ecuador, often struggling against age-related biases and economic instability.

In Venezuela, insufficient public pensions and a dollarized cost of living force many professionals to seek formal or informal employment to survive. Despite labor regulations, unofficial age limits often favor younger profiles. This has led to a forced transition toward informality, with many seniors turning to independent services, retail, or consultancy to secure daily income while adapting to new digital tools.

In Ecuador, the difficulty is compounded by a broader economic context where, according to INEC data from May 2026, only 36.6% of the economically active population held adequate employment. While markets often associate youth with technological adaptability, experts note that the accumulated experience of older workers represents valuable human capital that can mentor younger generations and provide institutional stability.

Entities

Ecuador · INEC · Venezuela