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✅️ Jobs were the key to fighting poverty in Latin America during its last period of sustained poverty reduction (2009-2014): strong employment creation and wage growth drove two-thirds of the decrease in poverty rates. After this prosperous timeframe, both poverty and labor market conditions have remained largely stagnant across the region (COVID-19 aside). ⁠ ⁠ 📑 The May 2025 edition of the Regional Jobs Update provides new insights into the barriers to the creation of more and better jobs across Latin America and the Caribbean. Here are some key trends. Learn more: worldbank.org/lac [LINK IN BIO]⁠ ⁠ #jobcreation #economicgrowth #inclusivegrowth #developingcountries #economicdevelopment #latinamerica #lac #americalatina #caribbean #caribe
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