======Employment Situation in Latin America and the Caribbean. Employment trends in an unprecedented crisis: policy challenges====== The report examines the impact of the COVID-19 crisis on employment in Latin America and the Caribbean, highlighting massive job losses, shifts to inactivity, and the slow recovery of formal employment, with a focus on the challenges faced by young people in the labor market. \\ \\ (Generated with the help of GPT-4) \\ ^ Quick Facts ^^ |Report location: |[[https://repositorio.cepal.org/server/api/core/bitstreams/134a61b4-62f8-4d39-a5d4-59daec6a5768/content|source]] | |Language: |English | |Publisher: | * [[encyclopedia:economic_commission_for_latin_america|Economic Commission for Latin America]] | |Authors: |Bolívar Pino, Juan Jacobo Velasco, Jürgen Weller, Mario Velásquez, Sonia Gontero, Gerhard Reinecke | |Geographic focus: |Latin America And The Caribbean | |Page count: |56 páginas. | =====Methods===== The research method involved analyzing labor market indicators, conducting business surveys, and reviewing policies implemented by governments in response to the COVID-19 crisis. The focus was on changes in participation, employment, and unemployment rates, especially among young people. \\ \\ (Generated with the help of GPT-4) \\ =====Key Insights===== The COVID-19 pandemic led to the suspension of non-essential activities, resulting in significant job losses, particularly among young people and informal workers. Governments responded with support policies, but the recovery is expected to be slow, with risks of increased informality and lasting impacts on young people's employment prospects. \\ \\ (Generated with the help of GPT-4) \\ =====Additional Viewpoints===== Categories: {{tag>English_publication_language}} | {{tag>Latin_America_And_The_Caribbean_geographic_scope}} | {{tag>business_surveys}} | {{tag>covid-19}} | {{tag>digital_platforms}} | {{tag>economic_crisis}} | {{tag>employment}} | {{tag>government_response}} | {{tag>informality}} | {{tag>labor_market}} | {{tag>labor_policies}} | {{tag>recovery}} | {{tag>social_protection}} | {{tag>telework}} | {{tag>unemployment}} | {{tag>vocational_training}} | {{tag>youth}} ~~DISCUSSION~~