Employment and wages
- Author: Economic Commission for Latin America and the Caribbean
- Main Title: Economic Survey of Latin America and the Caribbean 1996-1997 , pp 95-111
- Publication Date: December 1997
- DOI: https://doi.org/10.18356/96ecf820-en
- Language: English
Despite moderate economic recovery, the urban unemployment rate continued to increase, from 7.2% in 1995 to 7.7% in 1996, reaching the highest level recorded since the mid-1980s. In preceding years a significant portion of higher unemployment was attributable to increases in the labour supply, which in 1996 expanded only through natural increase of the working-age population. Employment generation was weak; nine of the 14 countries for which there are data experienced a decrease in the rate of employment as a percentage of the working-age population. Thus, despite a slight increase in employment generation compared to the previous year, the inability of the productive system to generate jobs induced an increase in open unemployment.
© United Nations
ISBN (PDF):
9789210582988
Book DOI:
https://doi.org/10.18356/2deb1b29-en
Related Subject(s):
Economic and Social Development
Sustainable Development Goals:
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