Regional overview
- Author: Economic Commission for Latin America and the Caribbean
- Main Title: Economic Survey of Latin America and the Caribbean 2008-2009 , pp 17-46
- Publication Date: September 2011
- DOI: https://doi.org/10.18356/8a29da54-en
- Language: English
ECLAC estimates that, after growing continuously for six years, the gross domestic product (GDP) of Latin America and the Caribbean will fall by 1.9% in 2009. This fall will bring about a reduction in per capita GDP of 3.1% and will take its toll on the labour market. As a result of falling demand for labour, the region’s unemployment rate is expected to climb from the 7.5% observed in 2008 to around 9% in 2009.
© United Nations
ISBN (PDF):
9789210549127
Book DOI:
https://doi.org/10.18356/1659750f-en
Related Subject(s):
Economic and Social Development
Sustainable Development Goals:
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