The employment situation in Latin America and the Caribbean: Crisis and the labour market

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cepal.bibLevelDocumento Completo
cepal.callNumberInternet
cepal.docTypeBoletines
cepal.idSade36150
cepal.physicalDescriptiongráficos, tablas
cepal.regionalOfficeSantiago
cepal.topicEngLABOUR POLICY
cepal.topicSpaPOLÍTICA LABORAL
cepal.workareaEngECONOMIC DEVELOPMENT
cepal.workareaSpaDESARROLLO ECONÓMICO
dc.contributor.entityNU. CEPAL
dc.contributor.entityOIT
dc.coverage.spatialEngLATIN AMERICA AND THE CARIBBEAN
dc.coverage.spatialSpaAMERICA LATINA Y EL CARIBE
dc.date.accessioned2015-01-15T14:50:13Z
dc.date.available2015-01-15T14:50:13Z
dc.date.issued2009-06
dc.description.abstractSince the financial and economic crisis began to affect the real economy and spread throughout the world, the region’s economies have been faced with a situation where data on employment and labour reflect the real stories of millions of women and men for whom the future has become uncertain. When these problems began to appear, the International Labour Organization (ILO) warned that the world faced a global employment crisis whose consequences could lead to a social recession. As the Economic Commission for Latin America and the Caribbean (ECLAC) has pointed out, the outbreak of the crisis put an end to a five-year period of sustained growth and falling unemployment. As early as the second half of 2008, the figures began to reflect slowing economic growth, while a downward slide began in the labour market. This initial bulletin, produced jointly by ECLAC and ILO, seeks to review the ways in which the crisis is affecting the region’s labour markets. Amidst a situation characterized by shocks and uncertainty, governments and social partners must have the inputs needed for designing public policies to increase the population’s levels of employment and well-being. It is planned to produce two further bulletins by January 2010, in order to measure the impact of the crisis on employment and provide an input to the process of defining the best public policies to reverse its consequences. The bulletin reviews the most recent available indicators and analyses them in order to establish trends and detect variations. It provides statistics for the first quarter, estimates for the rest of 2009, and a review of policies announced by the Governments. In 2008, the last year of the growth cycle, the region’s urban unemployment stood at 7.5%. According to economic growth forecasts for 2009, the average annual urban unemployment rate for the region will increase to between 8.7% and 9.1%; in other words, between 2.8 million and 3.9 million additional people will swell the ranks of the unemployed. Data for the first quarter of 2009 already confirm that the crisis is hitting employment in the region. Compared with the first quarter of 2008, the urban unemployment rate was up by 0.6 percentage points, representing over a million people.Work will continue until September 2009 on the preparation of a new report on the employment situation, using data updated to the first half of 2009. This will provide a picture of the region’s employment situation, so that growth and employment projections can be adjusted for 2009 as a whole. Strategies for dealing with the crisis must have jobs and income protection as their central goals. Policies are moving in that direction in Latin America and the Caribbean and, if they are effective, an even greater worsening of the situation may be avoided. Labour produces wealth, generates consumption, keeps economies functioning and is a key factor in seeking out the way to more sustainable and equitable growth once the crisis is past.
dc.formatTexto
dc.format.extent16 páginas.
dc.format.mimetypeapplication/pdf
dc.identifier.urihttps://hdl.handle.net/11362/37610
dc.language.isoeng
dc.physicalDescription16 p. : gráfs., tabls.
dc.publisherECLAC
dc.publisherILO
dc.publisher.placeSantiago
dc.relation.isPartOfSeriesECLAC-ILO Bulletin
dc.relation.isPartOfSeriesNo1
dc.relation.translationLanguagespa
dc.relation.translationRecordCrisis y mercado laboral
dc.relation.translationUrihttps://hdl.handle.net/11362/9793
dc.rights.coarDisponible
dc.subject.unbisEngEMPLOYMENT
dc.subject.unbisEngECONOMIC CRISIS
dc.subject.unbisEngLABOUR MARKET
dc.subject.unbisEngEMPLOYMENT POLICY
dc.subject.unbisEngSOCIAL WELFARE
dc.subject.unbisEngEMPLOYMENT STATISTICS
dc.subject.unbisSpaEMPLEO
dc.subject.unbisSpaCRISIS ECONOMICA
dc.subject.unbisSpaMERCADO DE TRABAJO
dc.subject.unbisSpaPOLITICA DE EMPLEO
dc.subject.unbisSpaBIENESTAR SOCIAL
dc.subject.unbisSpaESTADISTICAS DEL EMPLEO
dc.titleThe employment situation in Latin America and the Caribbean: Crisis and the labour market
dc.type.coarpublicación seriada
dspace.entity.typePublication
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