Latin America

COVID-19 cost Latin America and the Caribbean 1.5 million jobs. Here’s how to recover them

Workers make face masks at a local clothing manufacturer after it switched part of its production from clothing exports to making protective masks, amidst the coronavirus disease (COVID-19) outbreak, in Port-au-Prince, Haiti April 21, 2020. REUTERS/Jeanty Junior Augustin - RC2A9G9H7NK6

On average, after three years, a major regional crisis can cause a net loss of 1.5 million jobs. Image: REUTERS/Jeanty Junior Augustin

Carlos Felipe Jaramillo
Vice President for the Latin America and the Caribbean Region, World Bank
Joana Silva
Senior Economist, World Bank Blogs
The Big Picture
Explore and monitor how Latin America is affecting economies, industries and global issues
A hand holding a looking glass by a lake
Crowdsource Innovation
Get involved with our crowdsourced digital platform to deliver impact at scale
Stay up to date:

Latin America

Economic crisis pushes many workers into the informal labour market.
Economic crisis pushes many workers into the informal labour market. Image: World Bank
Persistent employment loss following crisis.
Persistent employment losses following crises happy all over the world. Image: World Bank
Don't miss any update on this topic

Create a free account and access your personalized content collection with our latest publications and analyses.

Sign up for free

License and Republishing

World Economic Forum articles may be republished in accordance with the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Public License, and in accordance with our Terms of Use.

The views expressed in this article are those of the author alone and not the World Economic Forum.

Related topics:
Latin AmericaCOVID-19Future of Work
World Economic Forum logo
Global Agenda

The Agenda Weekly

A weekly update of the most important issues driving the global agenda

Subscribe today

You can unsubscribe at any time using the link in our emails. For more details, review our privacy policy.

To help the Amazon thrive, we need to listen to its 29 million people

Odenilze Ramos

November 27, 2023

About Us



Partners & Members

  • Join Us

Language Editions

Privacy Policy & Terms of Service

© 2023 World Economic Forum