Labor Markets and the Crisis in Latin America and the Caribbean (A Preliminary Review for Selected Countries)

Countries in Latin America and the Caribbean are experiencing the impact of the international financial crisis on labor markets across different dimensions, such as employment, wages and the quality of labor market arrangements. This note reviews a...

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Main Authors:	Freije-Rodríguez, Samuel, Murrugarra, Edmundo
Format:	Brief
Language:	English
Published:	World Bank, Washington, DC 2012
Subjects:	ACCOUNTING ACTIVE LABOR AVERAGE UNEMPLOYMENT AVERAGE UNEMPLOYMENT RATE COMMERCE DISMISSAL DRIVERS ECONOMIC GROWTH ECONOMIC SLOWDOWN EMPLOYABILITY EMPLOYMENT EMPLOYMENT CREATION EMPLOYMENT GENERATION EMPLOYMENT GROWTH EMPLOYMENT GROWTH RATE EMPLOYMENT PROGRAM EMPLOYMENT PROGRAMS EMPLOYMENT REDUCTION EMPLOYMENT SUBSIDIES EMPLOYMENT SUBSIDY EXPENDITURE HEALTH INSURANCE HOUSEHOLD INCOME INFLATION INFORMAL EMPLOYMENT INFORMAL LABOR MARKET INFORMAL SECTOR INFORMAL SECTOR WORKERS JOB DESTRUCTION JOB LOSSES JOBS LABOR CONTRACTS LABOR COST LABOR DEMAND LABOR FORCE LABOR MARKET LABOR MARKET ARRANGEMENTS LABOR MARKET CONDITIONS LABOR MARKET INDICATORS LABOR MARKET INTERVENTIONS LABOR MARKET OUTCOMES LABOR MARKET PERFORMANCE LABOR MARKET POLICIES LABOR MARKET POLICY LABOR MARKETS LABOR OFFICE LABOR POLICIES LABOR STATISTICS MATERNITY BENEFITS MINIMUM WAGE MINIMUM WAGES NET EMPLOYMENT NET JOB CREATION NET JOB LOSSES NOMINAL WAGES NUMBER OF WORKERS OCCUPATIONS OPEN UNEMPLOYMENT PASSIVE LABOR PASSIVE LABOR MARKET PROGRAMS PAYROLL TAX POLICY DIALOGUE POLICY MAKERS POLICY RESPONSE PRELIMINARY ANALYSIS PRIVATE SECTOR PRIVATE SECTOR WORKERS PRIVATE SECTORS PRIVATE SERVICES PUBLIC POLICY PUBLIC WORKS PURCHASING PURCHASING POWER RATES OF GROWTH REAL INCOME REAL WAGES RESPECT RETAIL RETIREMENT RISING UNEMPLOYMENT SALARIED EMPLOYMENT SALARIED WORKERS SECONDARY EDUCATION SERVICE SECTOR SMALL ENTERPRISES SOCIAL POLICY SOCIAL PROGRAMS SOCIAL PROTECTION SOCIAL SECURITY SOCIAL SERVICES TECHNICAL TRAINING TEMPORARY EMPLOYMENT TOTAL EMPLOYMENT TRAINING INSTITUTION TRANSPORTATION UNEMPLOYED UNEMPLOYED INDIVIDUALS UNEMPLOYED WORKERS UNEMPLOYMENT UNEMPLOYMENT COMPENSATION UNEMPLOYMENT FIGURES UNEMPLOYMENT INSURANCE UNEMPLOYMENT RATE UNEMPLOYMENT RATES UNEMPLOYMENT SPELLS UNPAID WORKERS URBAN AREAS URBAN EMPLOYMENT VULNERABLE GROUPS WAGE INCREASES WAGE SUBSIDIES WAGE SUBSIDY WORKERS WORKING POPULATION YOUTH EMPLOYMENT YOUTH UNEMPLOYMENT
Online Access:	http://documents.worldbank.org/curated/en/2009/06/11953773/labor-markets-crisis-latin-america-caribbean-preliminary-review-selected-countries http://hdl.handle.net/10986/10979

id	okr-10986-10979
recordtype	oai_dc
spelling	okr-10986-109792021-04-23T14:02:53Z Labor Markets and the Crisis in Latin America and the Caribbean (A Preliminary Review for Selected Countries) Freije-Rodríguez, Samuel Murrugarra, Edmundo ACCOUNTING ACTIVE LABOR AVERAGE UNEMPLOYMENT AVERAGE UNEMPLOYMENT RATE COMMERCE DISMISSAL DRIVERS ECONOMIC GROWTH ECONOMIC SLOWDOWN EMPLOYABILITY EMPLOYMENT EMPLOYMENT CREATION EMPLOYMENT GENERATION EMPLOYMENT GROWTH EMPLOYMENT GROWTH RATE EMPLOYMENT PROGRAM EMPLOYMENT PROGRAMS EMPLOYMENT REDUCTION EMPLOYMENT SUBSIDIES EMPLOYMENT SUBSIDY EXPENDITURE HEALTH INSURANCE HOUSEHOLD INCOME INFLATION INFORMAL EMPLOYMENT INFORMAL LABOR MARKET INFORMAL SECTOR INFORMAL SECTOR WORKERS JOB DESTRUCTION JOB LOSSES JOBS LABOR CONTRACTS LABOR COST LABOR DEMAND LABOR FORCE LABOR MARKET LABOR MARKET ARRANGEMENTS LABOR MARKET CONDITIONS LABOR MARKET INDICATORS LABOR MARKET INTERVENTIONS LABOR MARKET OUTCOMES LABOR MARKET PERFORMANCE LABOR MARKET POLICIES LABOR MARKET POLICY LABOR MARKETS LABOR OFFICE LABOR POLICIES LABOR STATISTICS MATERNITY BENEFITS MINIMUM WAGE MINIMUM WAGES NET EMPLOYMENT NET JOB CREATION NET JOB LOSSES NOMINAL WAGES NUMBER OF WORKERS OCCUPATIONS OPEN UNEMPLOYMENT PASSIVE LABOR PASSIVE LABOR MARKET PROGRAMS PAYROLL TAX POLICY DIALOGUE POLICY MAKERS POLICY RESPONSE PRELIMINARY ANALYSIS PRIVATE SECTOR PRIVATE SECTOR WORKERS PRIVATE SECTORS PRIVATE SERVICES PUBLIC POLICY PUBLIC WORKS PURCHASING PURCHASING POWER RATES OF GROWTH REAL INCOME REAL WAGES RESPECT RETAIL RETIREMENT RISING UNEMPLOYMENT SALARIED EMPLOYMENT SALARIED WORKERS SECONDARY EDUCATION SERVICE SECTOR SMALL ENTERPRISES SOCIAL POLICY SOCIAL PROGRAMS SOCIAL PROTECTION SOCIAL SECURITY SOCIAL SERVICES TECHNICAL TRAINING TEMPORARY EMPLOYMENT TOTAL EMPLOYMENT TRAINING INSTITUTION TRANSPORTATION UNEMPLOYED UNEMPLOYED INDIVIDUALS UNEMPLOYED WORKERS UNEMPLOYMENT UNEMPLOYMENT COMPENSATION UNEMPLOYMENT FIGURES UNEMPLOYMENT INSURANCE UNEMPLOYMENT RATE UNEMPLOYMENT RATES UNEMPLOYMENT SPELLS UNPAID WORKERS URBAN AREAS URBAN EMPLOYMENT VULNERABLE GROUPS WAGE INCREASES WAGE SUBSIDIES WAGE SUBSIDY WORKERS WORKING POPULATION YOUTH EMPLOYMENT YOUTH UNEMPLOYMENT Countries in Latin America and the Caribbean are experiencing the impact of the international financial crisis on labor markets across different dimensions, such as employment, wages and the quality of labor market arrangements. This note reviews a selected group of countries to assess the speed and severity of labor market impacts. It identifies patterns in the changing labor market conditions, such as specific sectors or types of workers being affected. It also describes countries' preparedness and capacity to respond to the crisis and the specific policy responses being implemented. The review finds a large variation in impacts and responses in the context of increases in unemployment rates that range from 0.4 to 2.1 percentage points. The impacts of the crisis are evolving rapidly but seem to have a more noticeable negative effect among salaried workers in Brazil and Chile whereas in Colombia non-salaried workers have been affected the most. Mexico shows both types of workers as being seriously hit by the recession. 2012-08-13T13:46:02Z 2012-08-13T13:46:02Z 2009-06 http://documents.worldbank.org/curated/en/2009/06/11953773/labor-markets-crisis-latin-america-caribbean-preliminary-review-selected-countries http://hdl.handle.net/10986/10979 English Latin America and the Caribbean Region (LCR) Crisis Briefs CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Brief Publications & Research Latin America & Caribbean
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	ACCOUNTING ACTIVE LABOR AVERAGE UNEMPLOYMENT AVERAGE UNEMPLOYMENT RATE COMMERCE DISMISSAL DRIVERS ECONOMIC GROWTH ECONOMIC SLOWDOWN EMPLOYABILITY EMPLOYMENT EMPLOYMENT CREATION EMPLOYMENT GENERATION EMPLOYMENT GROWTH EMPLOYMENT GROWTH RATE EMPLOYMENT PROGRAM EMPLOYMENT PROGRAMS EMPLOYMENT REDUCTION EMPLOYMENT SUBSIDIES EMPLOYMENT SUBSIDY EXPENDITURE HEALTH INSURANCE HOUSEHOLD INCOME INFLATION INFORMAL EMPLOYMENT INFORMAL LABOR MARKET INFORMAL SECTOR INFORMAL SECTOR WORKERS JOB DESTRUCTION JOB LOSSES JOBS LABOR CONTRACTS LABOR COST LABOR DEMAND LABOR FORCE LABOR MARKET LABOR MARKET ARRANGEMENTS LABOR MARKET CONDITIONS LABOR MARKET INDICATORS LABOR MARKET INTERVENTIONS LABOR MARKET OUTCOMES LABOR MARKET PERFORMANCE LABOR MARKET POLICIES LABOR MARKET POLICY LABOR MARKETS LABOR OFFICE LABOR POLICIES LABOR STATISTICS MATERNITY BENEFITS MINIMUM WAGE MINIMUM WAGES NET EMPLOYMENT NET JOB CREATION NET JOB LOSSES NOMINAL WAGES NUMBER OF WORKERS OCCUPATIONS OPEN UNEMPLOYMENT PASSIVE LABOR PASSIVE LABOR MARKET PROGRAMS PAYROLL TAX POLICY DIALOGUE POLICY MAKERS POLICY RESPONSE PRELIMINARY ANALYSIS PRIVATE SECTOR PRIVATE SECTOR WORKERS PRIVATE SECTORS PRIVATE SERVICES PUBLIC POLICY PUBLIC WORKS PURCHASING PURCHASING POWER RATES OF GROWTH REAL INCOME REAL WAGES RESPECT RETAIL RETIREMENT RISING UNEMPLOYMENT SALARIED EMPLOYMENT SALARIED WORKERS SECONDARY EDUCATION SERVICE SECTOR SMALL ENTERPRISES SOCIAL POLICY SOCIAL PROGRAMS SOCIAL PROTECTION SOCIAL SECURITY SOCIAL SERVICES TECHNICAL TRAINING TEMPORARY EMPLOYMENT TOTAL EMPLOYMENT TRAINING INSTITUTION TRANSPORTATION UNEMPLOYED UNEMPLOYED INDIVIDUALS UNEMPLOYED WORKERS UNEMPLOYMENT UNEMPLOYMENT COMPENSATION UNEMPLOYMENT FIGURES UNEMPLOYMENT INSURANCE UNEMPLOYMENT RATE UNEMPLOYMENT RATES UNEMPLOYMENT SPELLS UNPAID WORKERS URBAN AREAS URBAN EMPLOYMENT VULNERABLE GROUPS WAGE INCREASES WAGE SUBSIDIES WAGE SUBSIDY WORKERS WORKING POPULATION YOUTH EMPLOYMENT YOUTH UNEMPLOYMENT
spellingShingle	ACCOUNTING ACTIVE LABOR AVERAGE UNEMPLOYMENT AVERAGE UNEMPLOYMENT RATE COMMERCE DISMISSAL DRIVERS ECONOMIC GROWTH ECONOMIC SLOWDOWN EMPLOYABILITY EMPLOYMENT EMPLOYMENT CREATION EMPLOYMENT GENERATION EMPLOYMENT GROWTH EMPLOYMENT GROWTH RATE EMPLOYMENT PROGRAM EMPLOYMENT PROGRAMS EMPLOYMENT REDUCTION EMPLOYMENT SUBSIDIES EMPLOYMENT SUBSIDY EXPENDITURE HEALTH INSURANCE HOUSEHOLD INCOME INFLATION INFORMAL EMPLOYMENT INFORMAL LABOR MARKET INFORMAL SECTOR INFORMAL SECTOR WORKERS JOB DESTRUCTION JOB LOSSES JOBS LABOR CONTRACTS LABOR COST LABOR DEMAND LABOR FORCE LABOR MARKET LABOR MARKET ARRANGEMENTS LABOR MARKET CONDITIONS LABOR MARKET INDICATORS LABOR MARKET INTERVENTIONS LABOR MARKET OUTCOMES LABOR MARKET PERFORMANCE LABOR MARKET POLICIES LABOR MARKET POLICY LABOR MARKETS LABOR OFFICE LABOR POLICIES LABOR STATISTICS MATERNITY BENEFITS MINIMUM WAGE MINIMUM WAGES NET EMPLOYMENT NET JOB CREATION NET JOB LOSSES NOMINAL WAGES NUMBER OF WORKERS OCCUPATIONS OPEN UNEMPLOYMENT PASSIVE LABOR PASSIVE LABOR MARKET PROGRAMS PAYROLL TAX POLICY DIALOGUE POLICY MAKERS POLICY RESPONSE PRELIMINARY ANALYSIS PRIVATE SECTOR PRIVATE SECTOR WORKERS PRIVATE SECTORS PRIVATE SERVICES PUBLIC POLICY PUBLIC WORKS PURCHASING PURCHASING POWER RATES OF GROWTH REAL INCOME REAL WAGES RESPECT RETAIL RETIREMENT RISING UNEMPLOYMENT SALARIED EMPLOYMENT SALARIED WORKERS SECONDARY EDUCATION SERVICE SECTOR SMALL ENTERPRISES SOCIAL POLICY SOCIAL PROGRAMS SOCIAL PROTECTION SOCIAL SECURITY SOCIAL SERVICES TECHNICAL TRAINING TEMPORARY EMPLOYMENT TOTAL EMPLOYMENT TRAINING INSTITUTION TRANSPORTATION UNEMPLOYED UNEMPLOYED INDIVIDUALS UNEMPLOYED WORKERS UNEMPLOYMENT UNEMPLOYMENT COMPENSATION UNEMPLOYMENT FIGURES UNEMPLOYMENT INSURANCE UNEMPLOYMENT RATE UNEMPLOYMENT RATES UNEMPLOYMENT SPELLS UNPAID WORKERS URBAN AREAS URBAN EMPLOYMENT VULNERABLE GROUPS WAGE INCREASES WAGE SUBSIDIES WAGE SUBSIDY WORKERS WORKING POPULATION YOUTH EMPLOYMENT YOUTH UNEMPLOYMENT Freije-Rodríguez, Samuel Murrugarra, Edmundo Labor Markets and the Crisis in Latin America and the Caribbean (A Preliminary Review for Selected Countries)
geographic_facet	Latin America & Caribbean
relation	Latin America and the Caribbean Region (LCR) Crisis Briefs
description	Countries in Latin America and the Caribbean are experiencing the impact of the international financial crisis on labor markets across different dimensions, such as employment, wages and the quality of labor market arrangements. This note reviews a selected group of countries to assess the speed and severity of labor market impacts. It identifies patterns in the changing labor market conditions, such as specific sectors or types of workers being affected. It also describes countries' preparedness and capacity to respond to the crisis and the specific policy responses being implemented. The review finds a large variation in impacts and responses in the context of increases in unemployment rates that range from 0.4 to 2.1 percentage points. The impacts of the crisis are evolving rapidly but seem to have a more noticeable negative effect among salaried workers in Brazil and Chile whereas in Colombia non-salaried workers have been affected the most. Mexico shows both types of workers as being seriously hit by the recession.
format	Publications & Research :: Brief
author	Freije-Rodríguez, Samuel Murrugarra, Edmundo
author_facet	Freije-Rodríguez, Samuel Murrugarra, Edmundo
author_sort	Freije-Rodríguez, Samuel
title	Labor Markets and the Crisis in Latin America and the Caribbean (A Preliminary Review for Selected Countries)
title_short	Labor Markets and the Crisis in Latin America and the Caribbean (A Preliminary Review for Selected Countries)
title_full	Labor Markets and the Crisis in Latin America and the Caribbean (A Preliminary Review for Selected Countries)
title_fullStr	Labor Markets and the Crisis in Latin America and the Caribbean (A Preliminary Review for Selected Countries)
title_full_unstemmed	Labor Markets and the Crisis in Latin America and the Caribbean (A Preliminary Review for Selected Countries)
title_sort	labor markets and the crisis in latin america and the caribbean (a preliminary review for selected countries)
publisher	World Bank, Washington, DC
publishDate	2012
url	http://documents.worldbank.org/curated/en/2009/06/11953773/labor-markets-crisis-latin-america-caribbean-preliminary-review-selected-countries http://hdl.handle.net/10986/10979
_version_	1764415076021829632

Labor Markets and the Crisis in Latin America and the Caribbean (A Preliminary Review for Selected Countries)

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