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dc.titleBetter Jobs Index 2024. Quality of employment in Latin America: Between Informality and Insufficient Wages
dc.contributor.authorInter-American Development Bank
dc.contributor.orgunitLabor Markets Division
dc.coverageLatin America
dc.date.available2024-04-29T00:04:00
dc.date.issue2024-04-29T00:04:00
dc.description.abstractThe new edition of the Better Jobs Index in Latin America and the Caribbean highlights that, although the quality of employment has reached its highest point since 2010, most of the working-age population in the region still face informal conditions and insufficient wages to overcome poverty. The Better Jobs index, which is updated every two years, measures employment in the region comprising two dimensions: quantity and quality of jobs. Quantity is measured by labor force participation and occupation, while quality is measured by labor formality and living wages. From 2010 to 2022, the overall index has shown gradual growth, albeit with notable fluctuations. In terms of gender and age gaps, significant differences persist in the quantity and quality of employment between men and women, as well as between young and adult workers. Although some reductions in these gaps have been observed over time, there is still a considerable way to go to achieve equity in the labor market. Uruguay, Chile, and Costa Rica are highlighted as the countries with the best scores in employment quality by 2022, but most countries have shown improvements since 2010.
dc.format.extent8
dc.identifier.doihttp://dx.doi.org/10.18235/0012926
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Better-Jobs-Index-2024.-Quality-of-employment-in-Latin-America-Between-Informality-and-Insufficient-Wages.pdf
dc.identifier.urlhttps://publications.iadb.org/publications/spanish/document/Índice-de-mejores-trabajos-2024.-Calidad-del-empleo-en-America-Latina-entre-la-informalidad-y-salarios-que-no-alcanzan.pdf
dc.language.isoen
dc.publisherInter-American Development Bank
dc.subjectLabor
dc.subjectPopulation Aging
dc.subjectWage
dc.subjectRating
dc.subjectPoverty
dc.subjectWomen
dc.subjectLabor Market
dc.subjectLabor Force
dc.subjectGender Gap
dc.subjectLabor Force Participation
dc.subjectLow-Wage
dc.subjectFemale Employment
dc.subjectFemale Labor Force
dc.subjectWage Gap
dc.subjectMinimum Wage
dc.subjectWage Disparity
dc.subjectGender Mainstreaming
dc.subjectGender Wage Gap
dc.subject.jelcodeJ21 - Labor Force and Employment, Size, and Structure
dc.subject.jelcodeJ81 - Working Conditions
dc.subject.keywordsJob quality
dc.typeMagazines, Journals and Newsletters
idb.identifier.pubnumberIDB-JN-00403
idb.operationRG-T4076
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