1945

The transformation of the labour force: The evolution of labour supply in the 1990s

The way in which the economically active population (EAP) develops is determined by demographic trends and the degree to which the working age population offers its labour in the labour market. The progression of the demographic transition has caused the annual growth rate of the working age population to fall in Latin America and the Caribbean, thus lessening the pressure on the labour market. At the same time, the new cohorts entering the market have higher levels of formal education, which improves their chances of productive integration in the workforce, although serious doubts persist as to the quantitative and qualitative results of the region’s education systems.

Related Subject(s): Economic and Social Development
Sustainable Development Goals:
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