# Ecuadorian labor market precariousness and upskilling > Live situation record from CLSTR: https://clstr.news/situations/ecuadorian-labor-market-precariousness-and-upskilling > Updated: 2026-08-22T08:20:45.000Z. Sources: 2. Developments: 2. Ecuador is experiencing significant labor market challenges characterized by widespread precariousness. Analysis indicates that 75% of the economically active population works under precarious conditions, with 56% earning below the minimum wage and 86% unable to afford a basic food basket. Looking toward 2030, the labor market faces a major transformation. Projections suggest that 39% of current job competencies will change, a shift expected to create 170 million new jobs while displacing 92 million workers. To address these changes and mitigate talent shortages, 85% of companies plan to focus on continuous training, prioritizing upskilling and reskilling over salary increases. In response to these evolving professional requirements, the International Organization of Youth for Ibero-America has partnered with the International University of Valencia to launch a scholarship program. This initiative offers grants to Ecuadorian professionals in science, technology, and business fields to support advanced studies. ## Timeline ### 2026-08-22: Ecuadorian professionals face major labor market shifts by 2030 Ecuadorian professionals face a shifting labor market where 39% of current skills may transform by 2030, driving a major focus on upskilling and new educational scholarship opportunities. 2 sources. https://clstr.news/cluster/ecuadorian-professionals-face-major-labor-market-shifts-by-2030 ### 2026-08-07: Ecuador faces widespread labor precariousness and urgent upskilling needs Ecuador's labor market shows high precariousness, low wages and food‑basket insecurity, while future skill shifts demand massive upskilling; scholarships aim to help professionals meet 2030 job changes. 2 sources. https://clstr.news/cluster/ecuador-faces-widespread-labor-precariousness-and-urgent-upskilling-needs --- Cite as: Ecuadorian labor market precariousness and upskilling. CLSTR, https://clstr.news/situations/ecuadorian-labor-market-precariousness-and-upskilling