Sunday, October 02, 2005

Jobs in Latin America

Marcela Sanchez:

Ideally, a balance would be struck between measures to protect workers and incentives to facilitate more job creation. Unfortunately, according to World Bank data, Latin America suffers from the greatest imbalance by keeping strict regulations to protect those already employed and making it more expensive for employers to hire new workers. In the end, piecemeal jobs are created.

Today, an estimated 23 million people in Latin America are jobless and 103 million work in an informal job sector that includes people selling goods on the street as well as day laborers. In some Latin American countries, this informal sector makes up to 60 percent of the labor force. This labor crisis explains why in opinion polls, Latin Americans want jobs over anything else, including personal safety, and would even consider a system different from democracy if it gave them jobs.


Blogger Gordon said...

Just visited your blog, it's great. I have a jobs seeking website which is informative and you can find info of different job natures, hope that it will be useful in your job seeking

10/25/2005 5:24 AM  

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