👉🏼 Jobs are the safest way out of poverty. Over the last decade, job creation in Latin America and the Caribbean has been concentrated in large companies, urban centers, and sectors such as commerce and hospitality. Moreover, one third of the new jobs created over the last decade were informal. On the other hand, one in five young people do not work, nor study. What are the implications of these trends in Latin America and the Caribbean? Watch this reel and download the report to understand the regional jobs landscape: worldbank.org/lac [LINK IN BIO] 🗣️ Carlos Rodríguez Castelán, Carolina Mejía-Mantilla, Hernan Winkler, and Javier Romero; from the World Bank Group’s Poverty and Equity Global Practice in the Latin American and the Caribbean Region #jobcreation #economicgrowth #inclusivegrowth #developingcountries #economicdevelopment #latinamerica #lac #americalatina #caribbean #caribe