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LatinNews Daily - 17 January 2020

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In brief: Ecuador releases 2019 unemployment statistics

* Ecuador's national statistics institute (Inec) has reported that unemployment increased from 3.7% to 3.8% between December 2018 and December 2019, while the proportion of the population living in poverty rose from 23.2% to 25% in the same period. The government’s response to these statistics was to focus only on data from the final three quarters of the year, which showed decreasing unemployment from a peak of 4.8% in March. The government credited this decrease to its efforts to create favourable investment conditions.