| Latin America Tackles Informal Labor Among Youth Fabiana Frayssinet - Inter Press Service | |
| go to original August 2, 2015 |
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In Puerto Vallarta, a shift from informal to formal employment (International Labour Organization)
The 56 million young people who form part of Latin America’s labor force suffer from high unemployment, and many of those who work do so in the informal sector. Governments in the region have begun to adopt more innovative policies to address a problem that undermines the future of the new generations.
According to an International Labour Organization (ILO) report, unemployment among young people between the ages of 14 and 25 is three times higher than among adults.
That is just one aspect of the problem, however according to the coordinator of the study, Guillermo Dema from Peru. “These statistics are compelling, but the main problem faced by young people in Latin America is the precariousness and poor quality of the work they have access to,” he told IPS.
The region’s seven million unemployed young people represent 40 percent of total unemployment. But another 27 million have precarious work, which aggravates the phenomenon.The total population of young people in Latin America is around 108 million, of the region’s 600 million people.
“Six out of every 10 jobs available to young people today are in the informal sector,” said Dema. “In general they are poor quality, low-productivity and low-wage jobs with no stability or future, and without social protection or rights.”
Read the rest at Inter Press Service
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