Abstract
The new edition of The employment situation in Latin America and the Caribbean takes stock of the labor markets during 2013 and emphasizes that despite the reduced economic dynamism and a minor drop in the employment rate, the unemployment rate kept falling between 2012 and 2013 and hit its lowest level in decades (6.2%). Nevertheless, “there are doubts about the sustainability of this positive development in the near future,” the document insists. According to the report, the weakness of economic growth was already evidenced in 2013 by cooling labor demand.