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Labor Market

Employment in G20: Promoting Diversity and a Just Transition

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In 2024, Brazil chaired the G20, a coalition of the world’s largest economies that encompasses nearly two-thirds of the global workforce. On the occasion of the G20 Summit held on November 18-19 in Rio de Janeiro, this blog post summarizes the key discussions that took place within the Employment Working Group (EWG), with the Inter-American Development Bank (IDB) participating … [Read more...] about Employment in G20: Promoting Diversity and a Just Transition

Caregivers for Older People in Latin America and the Caribbean: Overburdened and Underpaid 

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In Latin America and the Caribbean, there are currently 8 million older people with care needs, and due to rapid population aging, this figure is projected to triple by 2050. To cater to the needs of older people, there is a workforce of 3 million paid caregivers, and at least 8 million unpaid caregivers in the region.   Yet, the people who provide care for older people—face … [Read more...] about Caregivers for Older People in Latin America and the Caribbean: Overburdened and Underpaid 

Job Skills: What Are They and Which Ones Are Most in Demand? 

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Much is said about "new skills for work".  They are the ones employers look for in everchanging industries and get updated almost at the same rate as our smartphones get updated. That was the metaphor that a colleague at IDB's Labor Markets Division used when he invited me to think about workers' skills development in Latin America and the Caribbean. The way we work in the … [Read more...] about Job Skills: What Are They and Which Ones Are Most in Demand? 

What is green employment and how is it changing the labor market? 

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Climate change is one of humanity’s greatest challenges and is driving the entire world towards economic transformation.     We believe that Latin America and the Caribbean can be part of the solution to the challenges associated with climate change at the global level. Our region is a leader in nature and biodiversity: 30% of its energy comes from … [Read more...] about What is green employment and how is it changing the labor market?