This event will be held in English, Portuguese and Spanish with simultaneous interpretation available.
By some estimates, the Latin American and Caribbean region has lost 26 million jobs as a result of the pandemic, with new waves of contagion and slow vaccination rates complicating the employment outlook.
With many jobs typically done by young people being in the service and hospitality industries, economic shutdowns and travel restrictions have hit jobs for youth particularly hard. The youth employment rate fell to just 33 percent in the region last year, according to data from the UN’s ECLAC.
And even before last year’s record-setting recession, youth employment presented a challenge for the region’s policymakers. Informality and inactivity rates affected nearly 110 million young people in Latin America and the Caribbean, according an ILO report. Of those, 23 million neither studied nor worked, and more than 30 million only held informal employment.
The challenge of developing effective strategies to improve youth participation in labor markets has become even more difficult as a result of the pandemic.
In partnership with the United Way and Aspen Institute, the Inter-American Dialogue is organizing an event to look into ways youth employment challenges have evolved amid the pandemic and explore youth employment issues in the context of building a more sustained economic recovery.