Latin America and the Caribbean Outlook – Unemployment will be up 0.2 percentage point

The unencouraging economic outlook for the current year will likely prompt a mild increase in the regional unemployment rate to 6.2% from the 6.0% registered in 2014, according to estimates released today by the Economic Commission for Latin America and the Caribbean (ECLAC) and the International Labour Organization (ILO).

In a new edition of their joint publication The Employment Situation in Latin America and the Caribbean , both institutions indicate that the 1% average expansion in economic activity forecast for the region will not be enough to reverse the deceleration process that began in 2011.

Capture d’écran 2015-05-14 à 09.16.22

Chosen excerpts by Job Market Monitor. Read the whole story at ECLAC-ILO report: Unemployment rate in Latin America and the Caribbean up 0.2 percentage point.


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