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Economic Reforms, Growth and Employment

Labour Markets in Latin America and the Caribbean

image of Economic Reforms, Growth and Employment

Labour conditions in Latin America and the Caribbean have long been a cause for concern. Despite relatively high economic growth rates, a large part of labour force was excluded from productive activities. This publication analyzes the evolution of Latin American and Caribbean labour markets in the 1990s and the impact of the economic reforms on them. The analysis makes it clear that the region faces a major challenge in the coming years, both in increasing the number of jobs and in improving job quality.

English

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Changes in labour market institutions

The region’s unsatisfactory labour performance throughout the 1990s led various international organizations to insist on the need to reform the institutions of the labour market. This chapter briefly examines the changes to the institutional framework and their effects on employment, as well as the prospects for future changes.

English

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