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  • 2020 Pension Indicators for Latin America and the Caribbean
    Dataset

    By Social Protection and Labor Markets Division (VPS/SCL/SPL)
    The PLAC Network's Pension Indicators are a dataset containing information related to the labor markets and pension systems of the nineteen PLAC Network member countries: Argentina, Bahamas, Barbados, Brazil, Chile, Colombia, Costa Rica, Dominican Republic, El Salvador, Guyana, Haiti, Honduras, Jamaica, Mexico, Panama, Paraguay, Peru, Trinidad and Tobago, and Uruguay. The indicators are divided into five main categories: environment, performance, sustainability, society's preparedness for aging and reform, and pension system design. Each one of these categories are divided into a few subcategories as well. These indicators were constructed with the objective of becoming an important tool for the improvement of the following aspects of pension systems: coverage, sufficiency of benefits, financial sustainability, equity and social solidarity, efficiency, and institutional capacity. An important characteristic of this dataset is the comparability of these indicators since it permits...
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    Country Argentina · Bahamas · Barbados ...

    Temporal coverage 2020-2020

    Published date 2020-12-08

  • Data associated with: Labor Market Analysis: Employment Demand, Skills, and Training Needs in Bolivia
    Dataset

    By Social Protection and Labor Markets Division (VPS/SCL/SPL)
    This dataset includes data for an analysis of labor demand characteristics and workforce training needs in the metropolitan areas of La Paz-El Alto, Cochabamba, and Santa Cruz—large cities in Bolivia (Related publication only available in Spanish). This information is contrasted with a sample from intermediate and small cities in the country. Labor demand data for large cities comes from a survey of companies conducted in 2015 and 2016, while data for intermediate and small cities is derived from a survey conducted between 2016 and 2017. The document presents key findings on the productive characteristics of cities, company profiles, and workforce dynamics, including recruitment and selection processes, employee turnover, reasons for dismissals, training, demand for and valuation of skills, among other factors. Finally, it outlines policy implications for Bolivia’s labor market.
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    Country Bolivia

    Temporal coverage 2015-2017

    Published date 2020-10-30

  • 2020 Better Jobs Index Database: Latin America
    Dataset

    By Social Protection and Labor Markets Division (VPS/SCL/SPL)
    The Better Jobs Index is a tool for comparative analysis of labor markets in Latin America. This index evaluates the state of employment in the region through two dimensions: quantity and quality, each comprising two indicators. The quantity dimension measures how many people wish to work (labor force participation) and how many are actually employed (employment rate). The quality dimension assesses how much of the work generated is registered in social security systems (formality) and how many workers earn wages sufficient to lift them above the poverty line (sufficient wages). Through the Better Jobs Index, the Inter-American Development Bank aims to provide countries with a new instrument to more effectively monitor employment conditions, facilitate cross-country comparisons, and promote policies that lead to more favorable employment conditions.
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    Country Argentina · Bahamas · Barbados ...

    Temporal coverage 2010-2018

    Published date 2020-02-21

  • Non-contributory Public Spending in Latin America and the Caribbean Data: 2010-2015
    Dataset

    By Social Protection and Labor Markets Division (VPS/SCL/SPL)
    This paper presents new data documenting the level and evolution of public spending on non-contributory programs for 16 countries in Latin America and the Caribbean. Salaried formal workers contribute to social security and in return have access to an array of benefits -mainly old-age pensions and health services. In recent decades, informal workers – salaried and non-salaried- have gained access to similar benefits, financed through general revenues. Our calculations indicate that, on average, the region spends 1.7% of GDP in these programs. Although they were created in response to social demands, by targeting informal workers these programs may create a behavioral response -i.e. more informality. This paper does not attempt to measure behavioral effects. Its main contribution is to be the first to document this “subsidy to informality” following a common methodology across countries and years in the region.
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    Country Argentina · Bolivia · Brazil ...

    Temporal coverage 2010-2015

    Published date 2019-03-19

  • Tables and Figures for: Measuring the Cost of Salaried Labor in Latin America and the Caribbean
    Dataset

    By Social Protection and Labor Markets Division (VPS/SCL/SPL)
    This paper presents new data documenting the cost of salaried labor in 20 Latin American and Caribbean countries. We gather data on the three main costs associated to hiring salaried labor; (i) minimum wages and other monetary benefits, (ii) mandated contributions for social insurance and other benefits and (iii) job security provisions. We present two new indicators. First, we calculate the average non-wage cost of salaried labor (NWC). This indicator answers the following question: for the average wage, what additional share of wages must be satisfied by workers and employers to fulfill all the law mandated non-wage costs of a legal salaried relationship. Our second indicator combines these non-wage costs with the nominal restriction that legal wages cannot be lower than the minimum wage. We calculate the annual dollar value of paying a worker the minimum wage plus all mandated non-wage costs as a share of GDP per worker. This constitutes the minimum cost of salaried labor (MCSL)....
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    Country Argentina · Bolivia · Brazil ...

    Temporal coverage 2013-2013

    Published date 2017-07-18