Latin America Needs Four Workers to Match One American, IDB Finds

Latin America · Economy Key Facts Productivity ratio Latin America’s labour productivity is about 26% of the US level, requiring nearly four regional workers to match one US worker. Formality rate Only 46% of workers in the region hold formal jobs with social-security coverage. Slow progress Informality fell by just eight percentage points over two […] The post Latin America Needs Four Workers to Match One American, IDB Finds appeared first on The Rio Times .