Employment in Crisis - The Path to Better Jobs in a Post-COVID-19 Latin America

Jul 19, 2026

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Employment in Crisis examines how Latin America’s labor markets have been reshaped by the COVID-19 shock and what policy choices can restore better job creation and worker protection. The analysis frames the crisis response through three policy dimensions, detailing labor market adjustment dynamics and the trade-offs between unemployment and informality. It outlines key insights, a structured road map for implementation, and implications for sustaining recovery.

LanguageEnglish

CategoryResearch & Report

FormatPDF

Pages159

Reading Time6 h 41 min

Contents

Executive Summary

1 Overview

2 The Dynamics of Labor Market Adjustment

Pub lic Disclosure Authorized Pub lic Disclosure Authorized Pub lic Disclosure Authorized Pub lic Disclosure Authorized WORLD BANK LATIN AMERICAN AND CARIBBEAN STUDIES Employment in Crisis The Path to Better Jobs in a Post-COVID-19 Latin America Joana Silva, Liliana D. Sousa, Truman G. Packard, and Raymond Robertson Employment in Crisis WORLD BANK LATIN AMERICAN AND CARIBBEAN STUDIES Employment in Crisis The Path to Better Jobs in a Post-COVID-19 LatinAmerica Joana Silva, Liliana D. Sousa, Truman G. Packard, and Raymond Robertson © 2021 International Bank for Reconstruction and Development / The World Bank 1818 H Street NW, Washington, DC 20433 Telephone: 202-473-1000; [Internet: www.worldbank.org](Internet: www.worldbank.org) Some rights reserved 1 2 3 4 24 23 22 21 Revised 2021 This work is a product of the staff of The World Bank with external contributions. The findings, interpretations, and conclusions expressed in this work do not necessarily reflect the views of The World Bank, its Board of Executive Directors, or the governments they represent. The World Bank does not guarantee the accuracy of the data included in this work. The boundaries, colors, denominations, and other information shown on any map in this work do not imply any judgment on the part of The World Bank concerning the legal status of any territory or the endorsement or acceptance of such boundaries. Nothing herein shall constitute or be considered to be a limitation upon or waiver of the privileges and immunities of The World Bank, all of which are specifically reserved. Rights and Permissions This work is available under the Creative Commons Attribution 3.0 IGO license (CC BY 3.0 IGO) [http://creativecommons.org/licenses/by/3.0/igo. Under](http://creativecommons.org/licenses/by/3.0/igo. Under) the Creative Commons Attribution license, you are free to copy, distribute, transmit, and adapt this work, including for commercial purposes, under the following conditions: Attribution—Please cite the work as follows: Silva, Joana, Liliana D. Sousa, Truman G. Packard, and Raymond Robertson. 2021. Employment in Crisis: The Path to Better Jobs in a Post-COVID-19 Latin America. World Bank Latin American and Caribbean Studies. Washington, DC: World Bank. doi:10 . 1596/978-1-4648-1672-7. License: Creative Commons Attribution CC BY 3.0 IGO. Translations—If you create a translation of this work, please add the following disclaimer along with the attribution: This translation was not created by The World Bank and should not be considered an official World Bank translation. The World Bank shall not be liable for any content or error in this translation. Adaptations—If you create an adaptation of this work, please add the following disclaimer along with the attribution: This is an adaptation of an original work by The World Bank. Views and opinions expressed in the adaptation are the sole responsibility of the author or authors of the adaptation and are not endorsed by The World Bank. Third-party content—The World Bank does not necessarily own each component of the content contained within the work. The World Bank therefore does not warrant that the use of any thirdparty-owned individual component or part contained in the work will not infringe on the rights of those third parties. The risk of claims resulting from such infringement rests solely with you. If you wish to reuse a component of the work, it is your responsibility to determine whether permission is needed for that reuse and to obtain permission from the copyright owner. Examples of components can include, but are not limited to, tables, figures, or images. All queries on rights and licenses should be addressed to World Bank Publications, The World Bank Group, 1818 H Street NW, Washington, DC 20433, USA; [e-mail: pubrights@worldbank.org](e-mail: pubrights@worldbank.org). ISBN (paper): 978-1-4648-1672-7 ISBN (electronic): 978-1-4648-1691-8 DOI: 10. 1596/978-1-464

FAQs

What is the main focus of Employment in Crisis?

The report focuses on how the COVID-19 crisis affected employment and labor market outcomes in Latin America, and which policies can lead to better jobs after the shock.

How does the report structure its policy response?

It presents three dimensions of the policy response, linking them to labor market adjustment and the broader implications for the COVID-19 crisis.

What labor market aspects does the report compare?

The report discusses labor market flows, comparing unemployment dynamics with informality to explain how workers are affected and how adjustment occurs.

Jul 19, 2026

Upload by Levi