December 17, 2020
SANTIAGO (Reuters) – Unemployment in Latin America and the Caribbean will hit its highest level in more than a decade this year, 10.6%, and rise further in 2021 as the coranvirus pandemic weighs on the regional economy, the International Labour Organization (ILO) said on Thursday.
The ILO said in a report that Latin America and the Caribbean would end this year with an estimated 30.1 million people unemployed. The regional unemployment rate would climb further next year to 11.2%, the U.N. body said.
(Reporting by Fabian Cambero, writing by Daniel Flynn)
