ILO Warns in Brazil that LatAm’s 53% Unemployment Rate Might Get Worse

    The International Labor Organization (ILO) calculates that, if steps are not taken to create more and better jobs, there will be 158 million people in Latin America without formal employment in 2015.

    At present, according to the ILO, the region has 126 million workers without formal employment. This represents 53% of the Economically Active Population (PEA). Women and youngsters are in even worse off.

    This Wednesday, May 3, marks the official beginning of the 16th Regional Meeting of the ILO. The meeting will debate an American agenda to produce quality jobs.

    The basic text, which was released by the director-general of the ILO, Juan Somavia, indicates that the Caribbean region also is up against this challenge and that the situation there is "particularly complex," due to the economic weakness of the countries in the region. This, according to the document, "imposes severe limitations on their capacity for economic and social development."

    The American Regional Meeting, which runs through Friday, May 5, is being attended by government representatives, employers, and workers from the three Americas. This is the first time the meeting is being held in Brazil.

    The "hemispheric agenda," as the ILO is calling it, includes a series of general and specific policy recommendations for Latin American countries to create "decent work" during the coming decade.

    "The creation of decent work is a political goal, since it has an impact on the struggle against poverty, the governability of democracies, and hemispheric security. We cannot eliminate poverty until we offer decent jobs," Somavia remarked.

    Agência Brasil

    Tags:

    • Show Comments (1)

    • Guest

      non formal employment…..
      does not mean unemployment.

      Otherwise your statistics in Brazil are dead wrong either.

    Your email address will not be published. Required fields are marked *

    comment *

    • name *

    • email *

    • website *

    This site uses Akismet to reduce spam. Learn how your comment data is processed.

    Ads

    You May Also Like

    Brazil Frees US$ 5 million for Stem Cell Research, But Not Everyone Is Happy

    Stem cell research was given a boost in Brazil recently, with the announcement that ...

    Dear Saudis, Play Safe, Bring Your Money to Brazil

    If I were the Finance Minister of Saudi Arabia, I would be cashing in, ...

    Brazil Starts August with US$ 904 Million Foreign Trade Surplus

    Brazil exported the equivalent to US$ 2.333 billion in the first week of August ...

    Car Exporters in Brazil Get New Line of Credit from BNDES

    The Brazilian Development Bank (BNDES) announced the creation of a new line of credit ...

    Por aí

    Continental Sambajazz Hendrik Meurkens and Charlie Byrd, both supreme jazz musicians, both touched by ...

    Brazil: Waiting for Lula… to Get Out

    Lula’s administration is still mired in inefficiency and inability to deliver any programs to ...

    Construction in Brazil

    Lula – Brazil’s Big Spender

    It’s easy to spend other people’s money as you will know if you have ...

    Zilda Arns's casket

    Killed in Haiti, Doctor Dedicated to Poor Kids Is Laid to Rest in Brazil

    Zilda Arns was buried on Saturday, January 16, in the Campo Verde Cemetery in ...

    Unchanged 9.6% Jobless Rate in Brazil Is Good News for Market

    Latin American stocks climbed, with Brazilian shares posting some of the region’s biggest gains, ...

    Brazil’s Ruling Party Diverted US$ 4.5 Million from Bank of Brazil and Lula Is in Danger

    Brazilian opposition leaders announced that President Luiz Inácio Lula da Silva will be included ...