The Inter-American Development Bank (IDB) ranks the Dominican Republic 11th in a new index that compares the state of jobs in 17 Latin American countries. The Better Jobs Index is a tool to help users compare working conditions in 17 Latin American countries.
Four comparable indicators are analyzed. The Better Jobs Index measures the state of employment in countries through two dimensions (quantity and quality), each consisting of two indicators. The quantity dimension captures how many people want to work (labor participation) and how many actually work (employment). The quality dimension measures how many workers have access to social security benefits (formality) and how many workers receive wages that are sufficient to overcome poverty (living wage).
Uruguay, Chile and Panama lead the first edition of the Better Jobs Index. Working conditions in the Dominican Republic are only better than those in Peru, Mexico, Nicaragua, El Salvador, Honduras and Guatemala.
Read more:
Better Jobs Index
9 November 2017
