Latin America unemployment near decade low in 2023, may reverse next year, UN labor agency says

Unemployment in Latin America and the Caribbean fell in 2023 to its lowest level since 2014, the International Labor Organization (ILO) said on Tuesday, but an expected economic slowdown in 2024 could reverse recent post-pandemic gains.

Unemployment in Latin America and the Caribbean fell in 2023 to its lowest level since 2014, the International Labor Organization (ILO) said on Tuesday, but an expected economic slowdown in 2024 could reverse recent post-pandemic gains.

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