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The crisis caused by the coronavirus disease (COVID-19) pandemic had severe repercussions on the region’s economy and labour markets in 2020. The year ended with a 7.1% decline in GDP, which translated into a sharp drop in employment and an increase in the unemployment rate, to 10.5%. Unlike...
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Employment Situation in Latin America and the Caribbean is a twice-yearly report prepared jointly by 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).In its last edition, the...
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In the first half of 2017 Latin American and Caribbean labour markets followed two main trends. On the one hand, as described in the first part of this report, the main indicators continued to deteriorate as a result of slack economic growth, as has been the case for several years. The empoyment...
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