The third issue of The Future of Work in Latin America and the Caribbean series combines new and traditional labor market data sources to understand what are the most in-demand occupations and skills in the Fourth Industrial Revolution. Using LinkedIn data, we introduce “the Labor Market GPS”, a tool aimed at helping workers transition from … Continue reading
Employment Situation in Latin America and the Caribbean is a twice-yearly report prepared jointly by the Economic Development Division of the Economic Commission for Latin America and the Caribbean (ECLAC) and the Office for the Southern Cone of Latin America of the International Labour Organization (ILO). The coronavirus disease 2019 (COVID-19) pandemic hit Latin America … Continue reading
Caribbean youth unemployment is the “greatest scourge of our time,” according to Bahamas Prime Minister Perry Christie. But there’s a way to help solve the problem, Christie says, by focusing on the region’s biggest economic driver: tourism. “I know that for some, tourism may be redolent of a part of our history that we would … Continue reading
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 … Continue reading
The International Labour Organization (ILO) today reported an unusual pattern in the urban unemployment rate in Latin America and the Caribbean during 2014, which continued to fall despite the economic slowdown. However, the Organization warned that slow growth has begun to impact the labour market. “There are warning signs,” said Elizabeth Tinoco, ILO Regional Director … Continue reading
In 2013, the urban unemployment rate in Latin America and the Caribbean once again fell to historic lows. The ILO estimates that the rate will reach 6.3% at the end of the year. This is good news for a region that had a double-digit unemployment rate a decade ago (11.1% in 2003). However, the impact … Continue reading
Despite recent gains, the wage gap between men and women in Latin America still prevails, according to a new Inter-American Development Bank (IDB) study entitled “New Century, Old Disparities,” which compares surveys of representative households in 18 Latin American and Caribbean countries. The study was released at the POWER Conference, a high-level meeting of experts … Continue reading