Reforms have cut Latin American unemployment – IMF paper
But informal employment and inequality remain high, researcher says
Fewer labour market restrictions contributed to reduce unemployment in Latin America over the past two decades, according to research published by the International Monetary Fund.
In Impacts of labor market institutions and demographic factors on labor markets in Latin America, Adriana Kugler analyses micro-data from countries in the region, as well as from other jurisdictions with similar income levels.
“The decreases in unemployment and informality can be partly explained by the reduced
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