In Latin America 70 % of jobs are informal
The International Labor Organization (ILO) conducted a study regarding the jobs generated during the pandemic
About 70 % of the jobs generated from mid-2020 to the first quarter of 2021 in several Latin American countries have been in informal conditions, according to a new report by the International Labor Organization (ILO), which has called for face the uneven impact of the health crisis in the region through “more and better jobs.”
In this sense, the organization warned that the reactivation of the Latin American and Caribbean economies is still insufficient to recover the jobs lost during the pandemic, which has led to a labor market with high unemployment rates and a strong predominance of informal jobs.
“Neither the quantity nor the quality of jobs that this region requires to face the aftermath of an unprecedented crisis are being generated. The labor outlook is complex and poses challenges of great magnitude,” said the ILO director for the Americas. Latin America and the Caribbean, Vinícius Pinheiro.
Pinheiro pointed out that this year informal jobs are leading the job recovery, something negative for the Latin American labor market since jobs “are generally unstable, with low wages, without social or rights protection.”
Source: dpa
