Latam created 35 million jobs in last decade and helped combat income inequality

Thursday, October 4th 2012 - 19:23 UTC

Full article 3 comments

Labour markets played an important role the transformation and advance of the Latin American economy in the past decade as more than 35 million additional jobs were created in that period plus the fact that high informality declined in seven out of nine countries of the region. Read full article

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ChrisR
I suspect that the imbalance referred to is because LatAm countries still have masses of 'workers' stuffed into the governments throughout the continent.

These lower paid so called workers, who of course do not make anything and therefore cannot 'produce' the taxes (so called) that they pay out of the salaries are, teachers, doctors and the police excluded, nothing but a fiscal drag on their countries.
Oct 04th, 2012 - 09:55 pm - Link - Report abuse 0
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ProRG_American
Yes, his is true. Argentina and Brazil were great contributors to these figures.
Oct 05th, 2012 - 10:35 pm - Link - Report abuse 0
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British_Kirchnerist
So, its official: the World Bank confirms socialism works!
Oct 11th, 2012 - 11:27 pm - Link - Report abuse 0
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