Latin America and the Caribbean region (LAC) will be growing at 3%, more in line with global trends but even with GDP beginning to slow, the region’s unemployment rate stood at 6.5%, approaching historic lows and well below its peak of 11% a decade ago, according to the latest semi-annual report “The Labour Market Story Behind Latin America’s Transformation,” by the World Bank’s Office of the Chief Economist for the region. Read full article
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Disclaimer & comment rulesArgentina will grow by 5%+ next year. Not bad for the neighborhood.
Oct 05th, 2012 - 05:05 pm - Link - Report abuse 0@1
Oct 05th, 2012 - 07:02 pm - Link - Report abuse 0And IF they manage that stunning achievement, by the time you have allowed for inflation, probably 30% by Christmas, you will only be 25% behind.
#1 And the neighbourhood is not bad for the world =)
Oct 11th, 2012 - 05:56 pm - Link - Report abuse 0Commenting for this story is now closed.
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