ECLAC / ILO Report

The employment situation in Latin America and the Caribbean 2014

Strong job creation and wage gains have proved to be a key factors in reducing poverty —quite substantially— in our region over the past decade. Growth is projected to be more modest still in 2014. The fact that investment has stagnated or is even falling in several of the larger countries is a particular cause for concern, since it not only affects current economic progress, but also stifles future growth potential.