Jobs Interrupted : The Effects of COVID-19 in the LAC Labor Markets
Given the importance of labor income in the region, there are several important questions about the effects of Coronavirus disease 2019 (COVID-19) on the labor market. At the outset of the pandemic, 48 percent of Latin American and Caribbean (LAC)...
| Main Authors: | , , , , |
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| Format: | Policy Note |
| Language: | English |
| Published: |
World Bank, Washington, DC
2021
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/201201624523375828/Jobs-Interrupted-The-Effects-of-COVID-19-in-the-LAC-Labor-Markets http://hdl.handle.net/10986/35866 |
| Summary: | Given the importance of labor income in
the region, there are several important questions about the
effects of Coronavirus disease 2019 (COVID-19) on the labor
market. At the outset of the pandemic, 48 percent of Latin
American and Caribbean (LAC) workers stopped working and 16
percent lost their job. Yet, were job losses similar for all
workers? Has the COVID-19 shock exacerbated unfavorable
labor market conditions for vulnerable groups over time?
What happened to those workers who remained employed
throughout the early months of the pandemic? And, what
lessons can be drawn from the experience? This note sheds
light on these inquiries using household data from the LAC
high-frequency phone surveys (HFPS) which were collected
between May and August of 2020 from 13 countries in the region. |
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