Job Market Monitor
Latin America
Future of Work in Latin America and the Caribbean – Most in-demand occupations and emerging skills
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
Covid and Jobs in Latin America and the Caribbean – 42.4% in sectors at high risk and 16.5% in sectors at medium-high risk
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
Education in Latin America – Much to be done with a different approach to teaching and learning OECD says
Much to be done, preparing students for their future, not our own past, a different approach to teaching and learning, spending “more on the same” is not enough and levelling the playing field Editor’s note : Well, a lot would apply here in Canada and Quebec ! 2.5 million students in the Ibero-American region taking the … Continue reading
Latin America – Active labour market policies are needed to protect social achievements and address productivity gaps
At a time when governments in the region face the dual challenges of creating quality jobs and safeguarding achievements in social inclusion and work quality, an ILO report highlights the need for a new approach based on active labour market policies to address the current economic slowdown. A functional system of ALMPs in the region, … Continue reading
Gender Gap in Latin America – Greater women’s equality in would unlock $1 trillion McKinsey says
Women have won five presidential elections in Latin America—an impressive feat. Yet much more still needs to be done to advance women’s equality in the region. The economic benefits alone would be huge—by our calculations more than $1 trillion over the next decade. At a time when many Latin American economies are struggling, that’s too … Continue reading
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 … Continue reading
Unemployment in Latin America and the Caribbean – Has continued to fall but will rise from 2015 says ILO
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
Latin America – Employment growth is likely to remain subdued for some time
Employment growth is likely to remain subdued for some time, as changes in labor markets typically lag those in the overall economy, and output growth is not expected to revert to the high rates of the “golden decade” anytime soon. In this context, unemployment rates will probably rise somewhat and real wage growth may well … Continue reading
Latin America and the Caribbean – Urban unemployment fell to historic lows in 2013 ILO reports
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
Latin America: Tremendous social progress – World Bank
Latin America witnessed tremendous social progress during the last decade writes the World Bank in its report The Labor Market Story Behind Latin America’s Transformation (Adapted choosen excerpts by Job Market Monitor to follow). Inequality of (labor and non-labor) income fell substantially, by 5 Gini points on average for 15 LAC countries, and the robust growth that the … Continue reading
Latin America / The middle class grew 50% in the past decade (video)
. . In the past decade, the middle class in Latin America grew 50%, and now represents 30% of the population. According to the experts, this growth is due to growth and job creation To maintain these gains, the region needs to enact policy reforms within the employment, tax and social security sectors. Ful Report … Continue reading
US – Latin American and Caribbean Women are Better Educated but get Lower Paid
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
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