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Guayaquil is known for its shipbuilding. Most of its inhabitants worked in shipbuilding, fishing, agriculture, and trade under Spanish rule.
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Cocoa drives economic growth. Jobs are increasing in agriculture, transportation, trade, and port activities.
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Factories, banks, and public works projects are being built. Many people migrate from the countryside to the city to work in construction, manufacturing, and services.
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Employment is concentrated in trade, logistics, healthcare, education, tourism, and technology. Informal employment is also growing.