More than 26 million unemployed in Latin America and the Caribbean: the need for new engines of growth
ILOblog (23.05.2017) In 2017, labour markets in Latin America and the Caribbean are marked by a new increase in unemployment and worsening working conditions. As the year progresses, the indicators and forecasts confirm that the labour situation is becoming more worrisome. The latest forecasts already announce a weak economic recovery this year after last year’s contraction. This slow economic growth, of barely 1.1 per cent for Latin America and the Caribbean, will not be enough to change the negative trends in the world of work.