IBOV 171,133 ▼ 0.21% IPSA 10,921 ▲ 1.68% IPC MEX 67,955 ▲ 1.46% MERVAL 3,352,708 ▼ 0.01% COLCAP 2,386.78 ▲ 1.53% BVL PERÚ 52,306.77 ▼ 0.36% USD/BRL 5.06 ▼ 0.74% USD/MXN 17.29 ▲ 0.22% USD/CLP 898.70 ▼ 0.40% USD/COP 3,454 ▼ 2.93% USD/PEN 3.40 ▼ 0.01% USD/ARS 1,429 ▼ 0.28% USD/UYU 40.54 ▲ 1.33% USD/PYG 6,094 ▲ 0.45% USD/BOB 6.85 ▲ 1.63% USD/DOP 58.68 ▲ 1.74% USD/CRC 451.82 ▲ 1.15% USD/GTQ 7.61 ▲ 2.17% USD/HNL 26.65 ▲ 1.30% USD/NIO 36.62 ▲ 0.67% USD/VES 581.23 ▲ 0.76% USD/PAB 1.00 ▲ 2.27% USD/BZD 2.00 ▲ 1.70% USD/JMD 157.59 ▲ 0.65% USD/TTD 6.76 ▲ 1.49% EUR/BRL 5.85 ▼ 2.25% BRENT 86.71 ▼ 4.06% WTI 84.29 ▼ 3.90% IRON ORE 161.91 — — COPPER 6.47 ▲ 3.44% GOLD 4,240 ▲ 3.66% SILVER 68.12 ▲ 6.63% SOY 1,113 ▼ 0.16% CORN 413.25 ▲ 0.36% WHEAT 585.25 ▼ 0.26% COFFEE 253.80 ▼ 0.06% SUGAR 14.24 ▲ 3.26% ORANGE JUICE 164.85 ▼ 0.57% COTTON 76.34 ▲ 5.31% COCOA 3,886 ▲ 4.74% BEEF 240.95 ▼ 4.19% CATTLE 357.05 ▼ 0.72% LITHIUM 82.37 ▲ 2.02% PETR4 41.18 ▼ 1.39% VALE3 79.17 ▲ 0.47% ITUB4 40.60 ▲ 0.25% BBDC4 17.80 ▲ 0.68% ABEV3 16.61 ▼ 0.18% BBAS3 19.46 ▲ 0.26% B3SA3 15.23 ▼ 1.36% WEGE3 42.61 ▲ 0.61% PRIO3 61.34 ▼ 1.14% SUZB3 41.52 ▲ 0.56% RENT3 40.70 ▼ 0.25% AZZA3 17.19 ▼ 1.83% CSAN3 3.34 ▼ 0.89% RAIZ4 0.43 — 0.00% PCAR3 1.55 ▲ 6.16% GMAT3 3.96 ▼ 3.88% PSSA3 50.49 ▲ 1.98% CVCB3 1.39 ▲ 5.30% POSI3 3.64 ▲ 3.12% SLCE3 14.25 ▼ 2.93% NATU3 8.56 ▲ 0.59% BRKM5 9.10 ▼ 6.67% RANI3 7.95 — 0.00% CSNA3 6.05 ▲ 0.67% CMIN3 4.30 ▼ 0.92% USIM5 10.85 — 0.00% GGBR4 23.88 ▲ 0.25% ENEV3 24.54 ▲ 0.57% NEOE3 33.80 — 0.00% CPFE3 44.42 ▲ 0.11% CMIG4 10.73 ▼ 0.74% EQTL3 38.77 ▼ 0.31% LREN3 15.38 ▼ 0.07% VIVT3 33.53 ▼ 0.97% RAIL3 13.36 ▼ 0.96% KLABIN 16.88 ▲ 0.60% RAIA DROGASIL 17.46 ▼ 0.91% RDOR3 34.08 ▲ 0.12% HAPV3 11.40 ▼ 1.64% FLRY3 15.18 ▲ 0.13% SMTO3 15.80 ▼ 2.29% UGPA3 24.80 ▼ 0.72% VBBR3 29.15 ▼ 1.29% BBSE3 37.87 ▲ 0.19% BPAC11 50.39 ▼ 0.18% CURY3 32.11 ▲ 0.72% AERI3 2.33 ▼ 0.43% VIVARA 21.33 ▲ 0.57% COMPASS 25.29 ▲ 0.12% VAMOS 3.03 ▲ 3.06% SANB11 27.13 ▼ 0.15% ASAI3 8.10 ▼ 1.70% SBSP3 27.54 ▼ 1.11% WALMEX 52.15 ▲ 0.66% GMEXICO 209.34 ▲ 1.32% FEMSA 222.73 ▲ 0.52% CEMEX 22.31 ▲ 1.97% GFNORTE 187.96 ▲ 2.92% BIMBO 58.24 — 0.00% TELEVISA 9.99 ▲ 1.42% AMX 23.92 ▲ 0.34% GAP 407.52 ▲ 2.66% ASUR 287.09 ▲ 1.07% OMA 219.39 ▲ 2.80% KOF 187.96 ▲ 1.56% GRUMA 296.70 ▲ 1.09% KIMBER 37.42 ▲ 2.44% SQM-B 75,500 ▲ 3.99% COPEC 6,120 ▼ 0.63% BSANTANDER 73.60 ▲ 1.60% FALABELLA 5,950 ▼ 0.34% ENELAM 79.57 ▲ 3.06% CENCOSUD 2,248 ▲ 3.11% CMPC 1,060 ▲ 1.89% BANCO CHILE 182.00 ▲ 2.10% LATAM AIR 23.94 ▲ 3.41% YPF 83,400 ▼ 0.36% GGAL 8,210 ▼ 0.73% PAMPA 5,290 ▼ 0.28% TXAR 699.50 ▼ 0.14% ALUAR 1,029 ▲ 0.19% TGS 9,890 ▼ 0.10% CEPU 2,371 ▼ 1.00% MIRGOR 17,150 ▼ 0.72% COME 44.98 ▼ 2.34% LOMA NEGRA 3,738 ▼ 0.33% BYMA 305.50 ▲ 0.74% TELECOM ARG 4,555 ▼ 4.21% ECOPETROL 16.58 ▲ 1.97% BANCOLOMBIA 80.26 ▼ 0.71% GRUPO AVAL 5.55 ▲ 3.16% CREDICORP 369.55 ▲ 0.32% SOUTHERN COPPER 189.79 ▲ 4.19% BUENAVENTURA 33.42 ▲ 2.01% MERCADOLIBRE 1,590 ▼ 1.27% NUBANK 12.19 ▲ 0.83% XP 16.02 ▲ 2.36% PAGSEGURO 8.96 ▲ 0.22% STONE 11.26 ▲ 0.09% GLOBANT 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5.06 ▼ 0.74% USD/MXN 17.29 ▲ 0.22% USD/CLP 898.70 ▼ 0.40% USD/COP 3,454 ▼ 2.93% USD/PEN 3.40 ▼ 0.01% USD/ARS 1,429 ▼ 0.28% USD/UYU 40.54 ▲ 1.33% USD/PYG 6,094 ▲ 0.45% USD/BOB 6.85 ▲ 1.63% USD/DOP 58.68 ▲ 1.74% USD/CRC 451.82 ▲ 1.15% USD/GTQ 7.61 ▲ 2.17% USD/HNL 26.65 ▲ 1.30% USD/NIO 36.62 ▲ 0.67% USD/VES 581.23 ▲ 0.76% USD/PAB 1.00 ▲ 2.27% USD/BZD 2.00 ▲ 1.70% USD/JMD 157.59 ▲ 0.65% USD/TTD 6.76 ▲ 1.49% EUR/BRL 5.85 ▼ 2.25% BRENT 86.71 ▼ 4.06% WTI 84.29 ▼ 3.90% IRON ORE 161.91 — — COPPER 6.47 ▲ 3.44% GOLD 4,240 ▲ 3.66% SILVER 68.12 ▲ 6.63% SOY 1,113 ▼ 0.16% CORN 413.25 ▲ 0.36% WHEAT 585.25 ▼ 0.26% COFFEE 253.80 ▼ 0.06% SUGAR 14.24 ▲ 3.26% ORANGE JUICE 164.85 ▼ 0.57% COTTON 76.34 ▲ 5.31% COCOA 3,886 ▲ 4.74% BEEF 240.95 ▼ 4.19% CATTLE 357.05 ▼ 0.72% LITHIUM 82.37 ▲ 2.02% PETR4 41.18 ▼ 1.39% VALE3 79.17 ▲ 0.47% ITUB4 40.60 ▲ 0.25% BBDC4 17.80 ▲ 0.68% ABEV3 16.61 ▼ 0.18% BBAS3 19.46 ▲ 0.26% B3SA3 15.23 ▼ 1.36% WEGE3 42.61 ▲ 0.61% PRIO3 61.34 ▼ 1.14% SUZB3 41.52 ▲ 0.56% RENT3 40.70 ▼ 0.25% AZZA3 17.19 ▼ 1.83% CSAN3 3.34 ▼ 0.89% RAIZ4 0.43 — 0.00% PCAR3 1.55 ▲ 6.16% GMAT3 3.96 ▼ 3.88% PSSA3 50.49 ▲ 1.98% CVCB3 1.39 ▲ 5.30% POSI3 3.64 ▲ 3.12% SLCE3 14.25 ▼ 2.93% NATU3 8.56 ▲ 0.59% BRKM5 9.10 ▼ 6.67% RANI3 7.95 — 0.00% CSNA3 6.05 ▲ 0.67% CMIN3 4.30 ▼ 0.92% USIM5 10.85 — 0.00% GGBR4 23.88 ▲ 0.25% ENEV3 24.54 ▲ 0.57% NEOE3 33.80 — 0.00% CPFE3 44.42 ▲ 0.11% CMIG4 10.73 ▼ 0.74% EQTL3 38.77 ▼ 0.31% LREN3 15.38 ▼ 0.07% VIVT3 33.53 ▼ 0.97% RAIL3 13.36 ▼ 0.96% KLABIN 16.88 ▲ 0.60% RAIA DROGASIL 17.46 ▼ 0.91% RDOR3 34.08 ▲ 0.12% HAPV3 11.40 ▼ 1.64% FLRY3 15.18 ▲ 0.13% SMTO3 15.80 ▼ 2.29% UGPA3 24.80 ▼ 0.72% VBBR3 29.15 ▼ 1.29% BBSE3 37.87 ▲ 0.19% BPAC11 50.39 ▼ 0.18% CURY3 32.11 ▲ 0.72% AERI3 2.33 ▼ 0.43% VIVARA 21.33 ▲ 0.57% COMPASS 25.29 ▲ 0.12% VAMOS 3.03 ▲ 3.06% SANB11 27.13 ▼ 0.15% ASAI3 8.10 ▼ 1.70% SBSP3 27.54 ▼ 1.11% WALMEX 52.15 ▲ 0.66% GMEXICO 209.34 ▲ 1.32% FEMSA 222.73 ▲ 0.52% CEMEX 22.31 ▲ 1.97% GFNORTE 187.96 ▲ 2.92% BIMBO 58.24 — 0.00% TELEVISA 9.99 ▲ 1.42% AMX 23.92 ▲ 0.34% GAP 407.52 ▲ 2.66% ASUR 287.09 ▲ 1.07% OMA 219.39 ▲ 2.80% KOF 187.96 ▲ 1.56% GRUMA 296.70 ▲ 1.09% KIMBER 37.42 ▲ 2.44% SQM-B 75,500 ▲ 3.99% COPEC 6,120 ▼ 0.63% BSANTANDER 73.60 ▲ 1.60% FALABELLA 5,950 ▼ 0.34% ENELAM 79.57 ▲ 3.06% CENCOSUD 2,248 ▲ 3.11% CMPC 1,060 ▲ 1.89% BANCO CHILE 182.00 ▲ 2.10% LATAM AIR 23.94 ▲ 3.41% YPF 83,400 ▼ 0.36% GGAL 8,210 ▼ 0.73% PAMPA 5,290 ▼ 0.28% TXAR 699.50 ▼ 0.14% ALUAR 1,029 ▲ 0.19% TGS 9,890 ▼ 0.10% CEPU 2,371 ▼ 1.00% MIRGOR 17,150 ▼ 0.72% COME 44.98 ▼ 2.34% LOMA NEGRA 3,738 ▼ 0.33% BYMA 305.50 ▲ 0.74% TELECOM ARG 4,555 ▼ 4.21% ECOPETROL 16.58 ▲ 1.97% BANCOLOMBIA 80.26 ▼ 0.71% GRUPO AVAL 5.55 ▲ 3.16% CREDICORP 369.55 ▲ 0.32% SOUTHERN COPPER 189.79 ▲ 4.19% BUENAVENTURA 33.42 ▲ 2.01% MERCADOLIBRE 1,590 ▼ 1.27% NUBANK 12.19 ▲ 0.83% XP 16.02 ▲ 2.36% PAGSEGURO 8.96 ▲ 0.22% STONE 11.26 ▲ 0.09% GLOBANT 37.49 ▲ 2.94% TECNOGLASS 43.79 ▲ 0.11% GAP AIRPORT 236.89 ▲ 3.08% ASUR 287.09 ▲ 1.07% OMA AIRPORT 101.77 ▲ 2.59% AMX ADR 27.76 ▲ 0.36% FEMSA ADR 129.37 ▲ 0.79% CEMEX ADR 12.98 ▲ 2.20% PETROBRAS ADR 18.38 ▲ 0.77% VALE ADR 15.71 ▲ 2.28% ITAU ADR 7.99 ▲ 1.01% SANTANDER BR 5.43 ▲ 1.12% AMBEV ADR 3.25 ▲ 0.93% CSN 1.22 ▲ 0.83% GERDAU 4.75 ▲ 1.93% LATAM ADR 53.25 ▲ 3.46% BTC 63,523 ▼ 0.06% ETH 1,666 ▼ 0.39% SOL 66.77 ▼ 0.08% XRP 1.13 ▼ 0.79% BNB 603.17 ▼ 0.31% ADA 0.17 ▼ 0.31% DOGE 0.09 ▲ 1.68% AVAX 6.59 ▼ 0.76% LINK 7.86 ▼ 0.32% DOT 0.96 ▲ 0.69% LTC 42.92 ▲ 0.97% BCH 204.82 ▼ 0.21% TRX 0.32 ▼ 0.42% XLM 0.19 ▼ 1.14% HBAR 0.08 ▼ 1.49% NEAR 2.00 ▼ 2.93% ATOM 1.96 ▼ 2.91% AAVE 64.72 ▲ 0.67% SELIC 14.50% EMBRAER 72.85 ▲ 2.32% EMBRAER ADR 57.80 ▲ 3.02% JBS 12.54 ▲ 2.79% JBS BDR 62.98 ▲ 1.58% MBRF3 15.99 ▼ 0.06% MBRFY 3.00 ▼ 0.99% INTER 5.77 ▲ 1.05%
since 2009
Friday, June 12, 2026

Latin America Business

The World Just Wrote Its First Rulebook for Gig Workers

By · June 12, 2026 · 5 min read

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World · Labour

Key Facts

A first of its kind. The UN labour body has adopted the world’s first treaty for gig workers.

Where it happened. Members agreed the text in Geneva at the annual labour conference.

Who it covers. It applies to all platform workers, whatever their job status.

How big the workforce. Tens of millions earn a living through apps worldwide.

The core fight. The clash is over whether app workers count as employees.

Why it reaches here. The rules touch delivery and ride apps across Latin America.

For the first time, the world has agreed a common set of rules for the gig economy, the vast web of app-based jobs that now feeds, drives and delivers for millions of people, including across Latin America.

The worlds first treaty protecting gig economy platform workers adopted in June 2026
Delivery riders are among the gig economy workers the new treaty aims to protect. (Photo internet reproduction)
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If you have ever ordered food on an app or hailed a ride with your phone, you have used the gig economy. Behind each tap is a worker.

For years those workers have lived in a legal grey zone. This week the world finally agreed to give them a rulebook.

What the gig economy treaty actually does

The agreement comes from the International Labour Organization. It is the United Nations body that sets standards for work around the globe.

Its structure is unusual and worth knowing. Governments, employers and workers each get an equal say in its decisions.

After long negotiations in Geneva, members adopted the text. It is the first international treaty written specifically for platform work.

Crucially, it covers all such workers. That holds true whether or not a company calls them employees.

That single point is what makes it powerful. It refuses to let the label a company chooses decide who gets protection.

The treaty comes paired with a recommendation. The first sets binding obligations, the second offers detailed guidance on how to meet them.

The scale of the workforce explains the urgency. By one count, more than 150 million people now work through digital platforms.

Other estimates run far higher still. The World Bank has suggested the number of online gig workers could be several hundred million.

Why these workers needed protection

The problem sits in how the apps work. Software assigns the jobs, sets the pay and even decides who is dropped.

Yet the companies rarely call these people staff. Instead they are usually labelled independent contractors.

That label has real consequences. It can leave workers without a minimum wage, safety rules or social security.

Rights groups have catalogued the strain. They describe long hours, unpredictable earnings and serious risks on the road.

Pay has often drifted downward over time. As more drivers and riders join, the fees per job can shrink for everyone.

The algorithm adds a layer of opacity. Workers frequently cannot see why they were passed over for a job or deactivated.

The question that divided the room

At the heart of the talks lay one old question. Who, exactly, counts as a worker in the first place?

Workers’ delegates pushed hard for binding rules. Many employers and some governments resisted tighter obligations.

The compromise was a treaty plus guidance. The treaty sets the binding floor, and a recommendation fills in the detail.

Why it matters for Latin America

This is far from a distant European debate. The gig economy has exploded across Latin America’s big cities.

Delivery riders and ride-hailing drivers are everywhere. They are a familiar sight on the streets of São Paulo, Bogotá and Ciudad de México.

Many work informally, without a safety net. In a region where informal jobs are common, the stakes are especially high.

Mexico was one of the countries studied by rights groups. Its app workers featured in the research that shaped the debate.

The economics are striking in the region. Apps have created flexible income for many who lacked formal jobs before.

But that flexibility comes at a cost. Without contracts, a sick day or an accident can wipe out a worker’s earnings overnight.

What happens next

A treaty is a starting point, not a finish line. Each country must now choose whether to ratify and apply it.

That process can take years. National laws and enforcement will decide how much the rules change daily life.

Still, the symbolism is large. The world has agreed that app workers deserve protection, and that alone shifts the conversation.

Frequently Asked Questions

What did the ILO adopt?

The International Labour Organization adopted the world’s first international treaty protecting workers in the gig economy. It was agreed at the annual labour conference in Geneva and applies to all platform workers, regardless of their employment status.

Why do gig workers need a treaty?

Apps control tasks, pay and performance through software, yet often classify workers as independent contractors rather than employees. That can leave them without a minimum wage, workplace safety or social security.

How does it affect Latin America?

Delivery and ride-hailing apps are widespread across the region’s cities, often staffed by informal workers with little protection. The treaty sets a global standard, though each country must decide whether to ratify and enforce it.

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