Economic policies and their effect on the Ecuadorian labor market

Main Article Content

María Raquel Moreno-Ponce
José Jorge Tualombo-Tituaña
Martha Lorena Figueroa-Soledispa

Abstract

This research study is developed with the objective of analyzing the main economic policies adopted by the State, and their effect on the Ecuadorian labor market. Therefore, a quantitative approach methodology is used, applying documentary and descriptive methods, for data collection the review of documents on economic policies issued in Ecuador in the last 15 years is used, with the use of the analytical level to interpret the results, among which it is highlighted that economic policies have been effective, these being a tool for labor production and large sources of employment that are evidenced in the increase in timely employment, and the decrease in underemployment and unemployment that can be seen in a regular constant between the years 2017-2019. The year 2020 has been a difficult year for the Ecuadorian economy, the spread of the covid-19 pandemic directly affected the effectiveness of economic policies, making it necessary to take social distancing measures and causing the closure of businesses that provided a source of employment for Ecuadorians. However, as of 2021, measures have been taken to promote a post-pandemic economic recovery, such as the humanitarian support law and the promotion of local credit, in order to boost the labor market and promote sustainable economic development. the Ecuadorians.

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How to Cite
Moreno-Ponce, M., Tualombo-Tituaña, J. ., & Figueroa-Soledispa, M. (2022). Economic policies and their effect on the Ecuadorian labor market. 593 Digital Publisher CEIT, 7(6-1), 5-10. https://doi.org/10.33386/593dp.2022.6-1.1521
Section
Administration
Author Biographies

María Raquel Moreno-Ponce, Universidad Estatal del Sur de Manabí - Ecuador

https://orcid.org/0000-0003-4287-0453

Economist with a Financial mention graduated from the Catholic University of Santiago of Guayaquil, Master in Business Administration graduated from the Technical University of Manabí, Professor at the Faculty of Economic Sciences of the State University of the South of Manabí in the chairs of Fundamentals of Economics, Market Research and Environmental Economics. Publication of a scientific article called "The managerial competencies of the managerial staff of Catholic University of Santiago of Guayaquil and its impact on the organizational culture."

José Jorge Tualombo-Tituaña, Universidad Estatal del Sur de Manabí - Ecuador

https://orcid.org/0000-0002-0420-7274

Commercial Engineer with specialization in Foreign Trade, Accounting and Auditing Engineer, Master in Business Administration, Planning Analyst at the Ministry of Environment of Ecuador, Teacher of the Faculty of Economics at the University State of South of Manabí, publication of a scientific article entitled "Corporate Social Responsibility in urban transport cooperatives in Portoviejo, Province of Manabí, Ecuador", Subjects assigned: Finance, Management Auditing and Statistics applied to tourism.

Martha Lorena Figueroa-Soledispa, Universidad Estatal del Sur de Manabí - Ecuador

https://orcid.org/0000-0001-5479-0333

Magister in Teaching mention Management in Curriculum Development; Master in Business Administration; Diploma in Self-Assessment and University Accreditation; Commercial Engineer; Public accountant.

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