Even before the corona crisis, the economic situation in many Latin American countries was difficult – it is all the harder now. 34 million people have lost their jobs as a result of the pandemic. More and more live in poverty.
At least 34 million people in Latin America and the Caribbean lost their jobs because of the corona pandemic in the first half of 2020. This emerges from a report that the International Labor Organization (ILO) presented in the Peruvian capital Lima.
The report is based on data from nine countries that together make up more than 80 percent of the region’s total population. The UN organization warned of an unprecedented crisis in the labor markets and "a drastic shrinkage of employment, working hours and income." At the beginning of August, the ILO had estimated the number of jobs lost in the region at 14 million.