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2021 labour overview: Latin America and the Caribbean
Report

2021 labour overview: Latin America and the Caribbean

International Labour Organization. and ILO Regional Office for Latin America and the Caribbean.
Panorama laboral : América Latina y el Caribe, 2021, ILO, [1st ed.]
2021

Abstract

employment unemployment labour force participation technological change forecast Caribbean Latin America
Nearly two years after the onset of the COVID-19 pandemic, in the third quarter of 2021, the employment rate and economic participation rate were still lower than the 2019 records, while the unemployment rate was higher than in that year. The 2021 Labour Overview describes a mixed bag scenario for employment and suggests that prepandemic levels will be reached by 2023 or even 2024.
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