Employment and Living Conditions of the Population over 50 in Latin America

Peer Reviewed icon Peer Reviewed
Date issued
June 2023
Subject
Labor;
Elderly;
Population Aging;
Labor Market;
Pension Systems;
Labor Force;
Women;
Income Equality;
Household Income;
Workforce and Employment
JEL code
E24 - Employment • Unemployment • Wages • Intergenerational Income Distribution • Aggregate Human Capital • Aggregate Labor Productivity;
H55 - Social Security and Public Pensions;
H68 - Forecasts of Budgets, Deficits, and Debt;
J11 - Demographic Trends, Macroeconomic Effects, and Forecasts;
J14 - Economics of the Elderly • Economics of the Handicapped • Non-Labor Market Discrimination;
J21 - Labor Force and Employment, Size, and Structure;
J26 - Retirement • Retirement Policies;
R23 - Regional Migration • Regional Labor Markets • Population • Neighborhood Characteristics
Category
Technical Notes
This document describes recent demographic, economic, and social trends of people 50 and older in Latin America. We analyze the labor profile of those generations who will face retirement over the next two decades to understand how likely it is to reduce the current gaps in coverage and sustainability of pensions. We explore the occupation profiles, contributions to social security, and their comparisons with previous generations. The document's last section describes different inequality angles for this population, including income and access to public services.