Ecuador in the Lead
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👩💼 High Female Ownership in Firms
In 2017, 70.4% of firms in Ecuador had female participation in ownership, showcasing a strong presence of women in business leadership.
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📚 Extensive Formal Training in Firms
Ecuadorian firms are committed to skill development, with 73.7% offering formal training programs to their employees in 2017.
Ecuador Following Behind
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🛡️ Limited Unemployment Benefits Coverage
In 2022, only 0.46% of the poorest quintile in Ecuador had access to unemployment benefits and active labor market programs, indicating a gap in social safety nets.
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🚸 Prevalence of Child Employment
In 2015, 24% of children aged 7-14 were self-employed in Ecuador, with a higher rate among males (31%) compared to females (14%).
