Statement:
There are less unemployed in Ecuador than in Nicaragua

In the Unemployment rate rating Ecuador holds position #120 2021 out of 176 and Nicaragua is #91 out of 176 2021.
Position of Ecuador is better than position of Nicaragua.

Referencies:

  1. Unemployment rate 2021 by Unicef
    The countries in the rating sorted by 'Total unemployed' in descending order.
    Ecuador 'Total unemployed' value is 3.8
    Nicaragua 'Total unemployed' value is 5.1