Real wages during the pandemic : trends and challenges
ECLAC, ILO
There were signs of a partial recovery in the labour markets and economies of Latin America and the Caribbean during 2021, in the wake of the crisis caused by the coronavirus disease (COVID-19) pandemic. Nonetheless, although the labour force participation rate and employment both improved in the year, figures for some of the groups hit hardest by the pandemic, such as women and domestic workers, remained well below pre-pandemic levels. The partial recovery in local demand and the effect of global conditions on production costs contributed to a rise in regional inflation, in turn affecting minimum wages and real wages. The second section of this report outlines how real wages in the region remain further from pre-pandemic levels than employment and economic activity, and underscores the importance of institutional mechanisms and social dialogue in the world of work to facilitate appropriate adjustments to workers’ wages in Latin America and the Caribbean.
Year of publication: |
2022
|
---|---|
Institutions: | Vereinte Nationen / Economic and Social Commission for Asia and the Pacific (issuing body) ; Internationale Arbeitsorganisation (issuing body) |
Publisher: |
Santiago : United Nations, ECLAC |
Subject: | Covid-19 | employment | gender equality | labour policy | macroeconomics employment | wages | viruses | epidemics | economic aspects | labour market | women's employment | employment policy | Coronavirus | Weibliche Arbeitskräfte | Women workers | Gleichberechtigung | Gender equality | Lohnstruktur | Wage structure | Arbeitsmarktpolitik | Labour market policy | Arbeitsmarkt | Labour market | Erwerbstätigkeit | Employment | Reallohn | Real wages | Epidemie | Epidemic |
Saved in:
freely available
Extent: | 1 Online-Ressource (circa 40 Seiten) Illustrationen |
---|---|
Series: | Employment situation in Latin America and the Caribbean : ECLAC ILO bulletin. - [Santiago] : [Verlag nicht ermittelbar], ZDB-ID 2616343-3. - Vol. number 26 (June 2021) |
Type of publication: | Book / Working Paper |
Type of publication (narrower categories): | Graue Literatur ; Non-commercial literature |
Language: | English |
Other identifiers: | hdl:11362/47927 [Handle] |
Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10013350317
Saved in favorites
Similar items by subject
-
Women's economic autonomy during the COVID-19 pandemic
Bidegain Ponte, Nicole, (2020)
-
Leon, Daniel, (2023)
-
Families, labor markets, and policy
Albanesi, Stefania, (2023)
- More ...
Similar items by person