Statement:
There are less unemployed in Ecuador than in Armenia

In the Unemployment rate rating Ecuador holds position #120 2021 out of 176 and Armenia is #6 out of 176 2021.
Position of Ecuador is better than position of Armenia.

Referencies:

  1. Unemployment rate 2021 by Unicef
    The countries in the rating sorted by 'Total unemployed' in descending order.
    Armenia 'Total unemployed' value is 18.8
    Ecuador 'Total unemployed' value is 3.8