No menu items!

Unemployment falls in Latin America, but inflation devours wages

The data related to employment in Latin America throws a bittersweet taste: in terms of hiring, the region is better today than before the arrival of the coronavirus and the respective confinements. The negative part is that inflation has been eroding the purchasing power of workers.

These observations arise from the report Labor Situation in Latin America and the Caribbean, recently published by the Economic Commission for Latin America (ECLAC) and the International Labor Organization (ILO).


To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?

Check out our other content