ILO expects more unemployment in the region

According to the latest report from the International Labour Organisation (ILO) less jobs will be created in 2009 due to the economic crisis.

Wednesday, January 28, 2009

©image: reports: "With growth forecasts of between 2% and 3% compared to the 5% average for the last five years, "the generation of jobs will be not be enough to meet the demand for labor and, hence, the levels of unemployment will probably increase" in the region, according to the Labor Panorama 2008 report".

Above all, because "labor markets in Central America have a structural deficiency for the generation of decent jobs due to its poorly diversified production structure..."

More on this topic

Employment crisis in Central America

January 2009

The consequences only could be offset by investing in education and technology and increase the added value of export products.

"Central American, and Nicaragua in particular, will not escape the wave of unemployment that the global economic crisis will cause around the world.

There is No Longer a Standard Employment Model

May 2015

In advanced economies employment is becoming less stable while those in developing economies are focusing on public policies, which stimulates the growth of informality and, paradoxically, unemployment.


"It's the economy, stupid."
We will use the now famous phrase coined during Bill Clinton campaign against George Bush, to highlight the paternalistic voluntarism which is fashionable in most of the countries of the region, the only effect it has is to marginalize the formal production economy for more and more people, with an impoverishing final effect. Globalization requires more and more competition, which can only be achieved with maximum flexibility using all resources, including human ones. This, which in itself is inhumane, is a reality that should not be overlooked in the definition and implementation of public employment policies, if they are to be successful and sustainable.

El Salvador: 39.000 Jobs Lost in 2009

August 2009

Industry and the private sector are the most affected, according to the Salvadoran Social Security Institute.

Victoria de Avilés, Labor Minister, remarked that "there is a loss of jobs, and by the end of the year it could increase to 55.000...".

"Job losses has been exacerbated by the economy's 'low dynamism', with sectors like commerce reporting considerable less sales", publishes

Unemployment Stands at 7.1% in El Salvador

October 2011

Almost 30% of the economically active population is underemployed.

The Salvadoran government has announced that the unemployment rate reached 7.1% in July. While the figure is less than in the U.S., where 9.1% of active people can not find work, it is in line with the level of unemployment in other countries in Central America.

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