The International Labor Organization (ILO) released its edition of the Labor Overview of Latin America and the Caribbean where it noted that the economic growth evidenced during 2021 in the region did not have enough impact to reduce unemployment and recover the labor market. On the contrary, the…
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unemployment
Unemployment in Latin America will be 28.8 million people
The number of unemployed in Latin America and the Caribbean will rise to 28.8 million people in 2022, which represents a decrease of 1.3 million unemployed in 2021, but 4.5 million more than in 2019, according to a report prepared by the…
American workforce quits job and migrates to cryptocurrencies
Civic Science conducted a study involving 6,741 citizens over the age of 18 that found that 4 % of the US workforce "quit their job because they found financial freedom with crypto."
While 11 % of the general population surveyed stated…
Unemployment in Colombia falls to 14.3 %
The unemployment rate in Colombia fell to 14.3 % in July, a reduction of 5.9 percentage points with respect to the same month of the previous year, according to data published by the National Administrative Department of Statistics (NADS).…
Private job growth in the US is reduced
The US private sector generated 330,000 new jobs last July, the lowest figure since February and almost half that expected by the consensus of analysts, according to the survey carried out by the consultancy ADP.
The 330,000 new jobs…
Colombia January unemployment rate was 17.3 %
Colombia's unemployment rate stood at 17.3 % in January, compared to 13 % in the same month the previous year, with a total of 4.16 million unemployed people in the Andean country during the first month of the year, according to data…
US GDP could recover by mid-year
The Gross Domestic Product (GDP) of the United States will return to its pre-pandemic levels in mid-2021, while surpassing its potential in early 2025, according to an analysis published by the Congressional Budget Office (CBO) .
The…