1945

Main trends in unemployment during 1998-1999 and in job insecurity during the 1990s

During the period 1998-1999, the open unemployment rates of the countries in the region followed the trend of production activity, although to differing degrees, depending on the particular characteristics of the labour market in each case. Thus, in 1999, unemployment continued to fall in Mexico and in most of the Central American and Caribbean countries, while it rose sharply in Chile, Colombia, Ecuador and Venezuela and more moderately in Argentina, Bolivia and Uruguay, and remained steady in Brazil, after a rise in 1998. In addition, the trend towards increasingly insecure working conditions that had been a feature of the entire decade, as evidenced in the growth of non–permanent forms of waged work and the rising percentage of workers who have no employment contract or social security coverage, tended on the whole to become entrenched.

Related Subject(s): Economic and Social Development
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