Social Panorama of Latin America and the Caribbean 2023

This edition of the Social Panorama of Latin America and the Caribbean addresses the challenges of labour inclusion as a key axis for inclusive social development. Despite a recovery in social indicators in 2022 (reduction of poverty and inequality, recovery of employment), the region faces a double trap of low growth and high levels of poverty and inequality. Labour inclusion is key to combating poverty, reducing informality and inequality and moving towards inclusive social development. Gender gaps in labour market inclusion are driven by the unequal distribution of the burden of care work, which is largely borne by women. In the case of migrants, overqualification and discrimination also affect their labour market inclusion. The efforts made by countries in terms of investment in labour policies, which on average amount to 0.34% of GDP, are insufficient. What is needed is a shift from labour market integration to labour market inclusion, guaranteeing access to quality employment, income above the minimum wage and access to social protection, particularly for women and young people.