July 24, 2021

The Apex Herald

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International organizations call for recovery of labor market – Brenza Latin

This is according to a report released by the Latin American and Caribbean Economic Commission (ECLIC) and the International Labor Organization (ILO) on Monday.

The document Labor Situation in Latin America and the Caribbean (June 2021) is now available online, analyzing the impact of the health crisis on key indicators of the labor market by 2020.

At this point, regional GDP shrank by 7.1 percent, the worst fall in a century, with the unemployment rate rising to 10.5 percent.

According to the document, the biggest impacts were seen in the second quarter of the year, when control measures were implemented with a sharp decline in economic activity, employment and working hours.

Beginning in the third quarter of 2020, employment gradually increased, but this year the unemployment rate was higher than it had been before the epidemic.

For this reason, ECLAC Executive Secretary Alicia Barcena and ILO Regional Director Vinicius Pinhiro said in the preamble to the report that countries should implement policies that stimulate employment, especially among young people and women in vulnerable groups.

UN Both organizations emphasize factors such as seeking strategies to allow workers to recover with better working conditions, accelerating the most vulnerable sectors, improving health and safety at work, and recruiting women workers.

They also called for improving working conditions on digital platforms, which have become an important source of employment in epidemics, but have been shown to be more vulnerable due to their instability, long working hours and lack of social security and representation.

In this sense, the report highlights the need to design an adequate regulatory framework to meet the objective of establishing and protecting social and labor rights for these new, expanding working methods.

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