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Main Labor Market Indicators

In Latin America and the Caribbean (LAC), labor market conditions vary significantly across countries. This dashboard enables users to explore key labor market indicators in the region, including the employment rate, labor force participation rate, and unemployment rate by country. It also offers demographic breakdowns by age, education level, area of residence, sex, and other relevant characteristics.



Below are some key concepts:

Labor force participation: Share of the adult (between 15 and 64 years old) population that is in the labor force. The labor force includes employed workers and unemployed workers (those who are actively seeking work).

Employment rate: Share of the adult (between 15 and 64 years old) population that is employed.

Educational attainment is measured as follows:

Low: Never attended, Completed primary and Incomplete secondary.

Middle: Completed secondary and Incomplete higher education.

Low: Completed higher education

The Labor Database for Latin America and the Caribbean - LABLAC (CEDLAS and the World Bank) is a harmonization project that seeks to mitigate differences arising from country-specific survey design and thus foment comparable indicators between LAC countries. However, methodological changes in the underlying surveys may result in non-comparable data that the harmonization process cannot fully solve. It is important that the user knows what data is and is not comparable. For more information, visit the LABLAC: comparability dashboard.

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