Tag: Latin America and the Caribbean region (LAC)

• Thursday, October 4th 2012 - 19:40 UTC

  Latam expected to expand 3% more in line with global trends, says World Bank

  

  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.