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Extra and eco gasoline prices at $2.40 and diesel at $1.75 are already in force in Ecuador
Ministry of Agriculture began the delivery of seeds, inputs and subsidized fertilizers up to 70%
Guillermo Lasso: ‘Now together we begin the task of transforming this peace into progress, well-being and opportunities for all’
Government and Conaie agree to end the strike after a tense morning
Ecuador asks Mexico for a response on bananas and shrimp
Losses in the non-oil export sector amount to $85 million in 16 days of strike
The Government withdraws from the dialogue table after the death of a soldier
Popular oil would arrive in stores from this week at prices ranging from $1 to $1.25
Legislators denounce pressure and threats to vote for the removal of the President of the Republic, Guillermo Lasso
Conaie agrees to meet with representatives of all State powers

Unemployment in Latin America decreases

Posted On 19 Dec 2013
Unemployment in Latin America decreases

Unemployment in Latin America decreases

This year, the urban unemployment in Latin America and the Caribbean recorded a new low of 6.3% despite the persistent lack of economic dynamics in the labour market, according to an OIT report released yesterday in Lima, Peru.

The reduction of unemployment compared to 6.4% in 2012 “was not due to the generation of new jobs, but to a low participation in the workforce,” so said the OIT Regional Director for Latin America and the Caribbean, Elizabeth Tinoco.

Tinoco stressed that the progress made in labour markets over the past ten years, “appears to have stalled.” But she warned that if the region seeks to keep the rate of unemployment in less than 7%, it should at least create 43.5 million new jobs until 2023.

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Extra and eco gasoline prices at $2.40 and diesel at $1.75 are already in force in Ecuador

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