labor market latest publications
This study aims to analyze the dynamics of the labor market in order to propose the Labor Market Stress and Performance Index estimated on the basis of the method of Iterative Principal Component Analysis, which allows identifying short term changes in the labor market dynamic related to access and job creation.
It is time to recapitulate what 2019 left us and what we should focus on in 2020. The year that has just ended left us in terms of the global economy great episodes of volatility marked by commercial issues but also by eternal political-economic novels such as Brexit.
In The Godfather movies, you can never cease to be surprised at the feeling you get that when the main character knows more than you. That he is one step ahead. This is what Al Pacino makes quite clear when he tells his brother Fredo: “I know it was you” (who betrayed me.)
The Colombian economy will continue to consolidate its growth at a slow pace, in a context of strong external headwinds. Globally, our growth forecasts have declined for some of our trading partners due to a more negative external environment.
July 30, 2019
Employment vulnerability to the digital revolution: some stylized facts on five countries
We analyze the likelihood of job automation in a sample of emerging economies: Argentina, Colombia, Mexico, Peru and Turkey. The average risk of automation ranges between 54% and 64. The countries show similar patterns in different aspects, such as distinctions by gender, age and education levels.
For several months, we have seen with concern a deterioration in the labor market that has been reflected in a higher unemployment rate, less job creation and/or a change in workers seeking employment, mainly.
Fewer formal jobs are currently being created in the country than in recent years —and that's worrying. The growth rate of formal employment positions had remained above 4% in recent years. However, it fell to 2.5% in May.
After an unprecedented crisis, Spain has overtaken pre-crisis levels of income per capita due to a favorable combination of external and domestic factors. Although it is difficult to estimate their exact contribution, behind the current economic recovery are the effects of structural reforms, in labor and product markets, t…